Last Week we gave Chopad Level of 29650 Bank Nifty gave LONG Entry did all target on Upside so “EXCELLENT WEEK” for Chopad Followers.Next week will be very Intresting we are near Important price reversal zone of 13277 and time cycle of 10 Dec.
Bank Nifty Harmonic Pattern
30227 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 08/10 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 29792 for a move back to 30200/30600/31000. Bears below 29500 has upper hand till 29000/28666.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:30100
Bank Nifty Resistance:30227,30426,30610,30800,31000,31430
Bank Nifty Support:29920,29788,29610,29414,29200
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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