Last Week we gave Chopad Level of 32000 Bank Nifty gave both LONG AND SHORT trade at Chopad Level and finally did 3 target on downside and 3 target on upside so “EXCELLENT WEEK” for Chopad Followers. Next we will have Monthly expiry and Greatest Elongation East of Mercury suggesting another good move coming.
Bank Nifty Harmonic Pattern
32613 PRZ zone done. Now heading towards 30500/30000 once 30943 is gone.
Bank Nifty Gann Angles
Price heading to touch gann angle support at 30243.
Planetary Cycles and Bank Nifty Movements
Price broke the resitance zone of Jupiter/Venus Planneatry line.heading lower.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 25/29 Jan is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Bank Nifty lower low on weekly with breach of resistance line.
Bank Nifty Monthly Charts
Bears below 30920 has upper hand till 30583/30243/3000
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:31225
Bank Nifty Resistance:31450,31700,31981,32300
Bank Nifty Support:31040,30829,30555,30100
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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