Last Week we gave Chopad Level of 30530 Bank Nifty gave both LONG and SHORT Entry did 1 on Upside and 1 Target on downside so “AVERAGE WEEK” for Chopad Followers.Next week will be very Intresting as we have Mercury and Sun Ingress and also 39 Week from 24 Mar Low.
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 21/24 Dec is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Price heading towards Resistance zone with DOJI and also entering 39 week from March 2020 Low.
Bank Nifty Monthly Charts
Monthly candle need to go above 30900 for a move back to 31317/31822. Bears below 30650 has upper hand till 30391/30069/29792
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:30668
Bank Nifty Resistance:30850,30991,31225,31500,31666,31822
Bank Nifty Support:30391,30101,29856,29600,29300
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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