Bank Nifty Weekly Forecast for October Expiry

Last Week we gave Chopad Level of 23580 Bank Nifty opened with Gap up so Traders were Intiated for Chopad Followers. Next week will be very Intresting as we have Aniversay Date and Venus Mercury Ingrees on 28 Oct suggesting trending week coming.Happy Dussehra. May Lord Ram’s blessings be showered on you. 

Bank Nifty Harmonic

Break of 24723 Heading towards 25225/25600.

Bank Nifty Gann Angles

Price heading towards gann resistance zone.

Planetary Cycles and Bank Nifty Movements

Price heading towards Plannetary Resistance zone.

Bank Nifty Supply and Demand

Self Explanatory chart..

Bank Nifty Time Analysis Pressure Dates

Nifty As per time analysis 28/30 Oct is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly Chart

24723 needs to be sustained above in coming week for mometum to come and rally towards 25600.

 Bank Nifty Monthly Charts

Monthly candle breaking out of Resistance zone.

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:24600

Bank Nifty Resistance:24820,25000,25222,25421

Bank Nifty  Support:24420,24250,24000,23880

 Levels mentioned are Bank Nifty Spot

Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl.Please also read the detailed Disclaimer mentioned in the Right side of Blog.

Want to see post in your Inbox,Register by adding your email id in Post in your Inbox section

Follow on Facebook during Market Hours:  https://www.facebook.com/pages/Brameshs-Tech/140117182685863

Follow on Twitter  during Market Hours:  https://twitter.com/brahmesh

Leave a Reply