Last Week we gave Chopad Level of 23716 Bank Nifty opened with a Gap Up and did not trigger the Chopad Level. Next week will be very Intresting as we Bihar Elections 2020 and Mercury Ingrees suggesting another big move round the corner.
Bank Nifty Elliot Wave
27000 above that 28031 should be watched from Gann and Elliot wave perpective.
Bank Nifty Gann Angles
Price broke out above gann angle.
Planetary Cycles and Bank Nifty Movements
Price heading towards Jupiter plannetary line of resistance
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 10/12 Nov is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
26738 is a tough resistance need close above it on weekly basis.
Bank Nifty Monthly Charts
Monthly candle showed a perfect move.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:27000
Bank Nifty Resistance:27225,27556,27889,28031
Bank Nifty Support:26775,26500,26361,26000
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.
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