Last Week we gav Chopad Level of 34260 Bank Nifty did all target on downside so excellent week for Chopad Followers. Now as we have Holiday shortened week Friday being Holiday so expect another bout of volatality as we approach Financial Year End.
Bank Nifty Harmonic Pattern
Break of 33387 can see quick fall towards 32500/32000
Bank Nifty Gann Angles
Perfect fall from gann angle resistance and coming near gann angle support
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 31 March is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Price bounced from Support zone on Weekly chart.
Bank Nifty Monthly Charts
Monthly Chart below 33697 Bears have upper hand.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:33700
Bank Nifty Resistance:33900,34150,34500,34888
Bank Nifty Support:33387,33050,32729,32444
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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