Bank Nifty Weekly Forecast for 04-08 Jan

Last Week we gave Chopad Level of 30360 Bank Nifty opened with GAP Up and did not gave any ENTRY. BANK NIFTY Predictions and Forecasts for 2021

Bank Nifty Harmonic Pattern

31996 is important PRZ Zone.

Bank Nifty Gann Angles

Price bounced from gann angle support

Planetary Cycles and Bank Nifty Movements

Price at resitance zone of Jupiter Planneatry line.

Bank Nifty Supply and Demand

Self Explanatory chart..

Bank Nifty Time Analysis Pressure Dates

Nifty As per time analysis 05 Jan is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly Chart

Bank Nifty near resistance zone on  Weekly chart. 

 Bank Nifty Monthly Charts

Monthly candle need to go above 31510 for a move back to 31996/32668. Bears below 30900  has upper hand till 30583/30243/31900

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:31250

Bank Nifty Resistance:31500,31786,32000,32300,32626

Bank Nifty  Support:31040,30786,30666,30333,30120

 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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