Bank Nifty Weekly Forecast as Multiple Plannets goes Ingress

By | December 13, 2020 9:34 pm

Last Week we gave Chopad Level of 30100 Bank Nifty gave LONG Entry did 3 on Upside and 1 Target on downside  so “EXCELLENT WEEK” for Chopad Followers.Next week will be very Intresting we are having multiple astro events Solar Eclipse and Chiron/Venus/Saturn Ingress.

Bank Nifty Harmonic Pattern

31996 is important PRZ Zone.

Bank Nifty Gann Angles

Price broke out above gann angle.

Planetary Cycles and Bank Nifty Movements

Price in middle of plannets line suggesting big move should come this week.

Bank Nifty Supply and Demand

Self Explanatory chart..

Bank Nifty Time Analysis Pressure Dates

Nifty As per time analysis 15/18 Dec is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly Chart

Price heading towards Resistance zone and also entering 66 week from Aug 2019 Low.

 Bank Nifty Monthly Charts

Monthly candle need to go above 30900 for a move back to 31317/31822. Bears below 30099 has upper hand till 29594/29238.

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:30530

Bank Nifty Resistance:30750,30960,31200,31450,31666,31822

Bank Nifty  Support:30381,30101,29856,29595,29250

 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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Category: Bank Nifty Weekly Analysis

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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