Bank Nifty Weekly Forecast 08-12 March

Last Week we gave Chopad Level of 34963 Bank Nifty gave LONG trade at Chopad Level did  all  target on upside so “EXCELLENT WEEK” for Chopad Followers also we saw the impact of Nifty Aniversary Date. Next we will have Nifty Mercury at Greatest Elong and Neptune in Conjunction suggesting another voaltile week coming. March 11 is trading holiday so Weekly expiry will be on 10 March . Next we will have Nifty Aniversary Date suggesting another good move coming.

Bank Nifty Harmonic Pattern

Break of 34893 can see quick fall towards 34300/33333.

Bank Nifty Gann Angles

Perfect fall from gann angle resistance formed inside bar.

Planetary Cycles and Bank Nifty Movements

Price holding the support zone of Jupiter  Planneatry line.

Bank Nifty Supply and Demand

Self Explanatory chart..

Bank Nifty Time Analysis Pressure Dates

Nifty As per time analysis  08/11 March is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly Chart

Price broke Support zone on Weekly chart.

 Bank Nifty Monthly Charts

Monthly Chart below 34444 Bears have upper hand.

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:35300

Bank Nifty Resistance:35525,35729,35950,36225

Bank Nifty  Support:35100,34800,34595,34100

 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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