Bank Nifty Weekly Forecast for 07-11 June

Last Week We gave Chopad Level of  35225 Bank Nifty gave multiple  Long and short Entry  did 2 targets were done on upside and 1 on downside so AVERAGE week for Chopad Followers.Coming week we have very important astro date on 10 June and 72 Week from 20 Jan 20 high  suggesting another exciting week coming ahead.

 

Bank Nifty Harmonic Pattern

 

Now price need to hold 35040 for upmove towards 35581,35824,36022,36300

Bank Nifty Gann Angles

Price heading back to  gann angle resistance

Planetary Cycles and Bank Nifty Movements

Price has heading towards Jupiter Planneatry line of Support 35040 should be held in coming week.

Bank Nifty Supply and Demand

Self Explanatory chart..

Bank Nifty Time Analysis Pressure Dates

Nifty As per time analysis  08/10 June is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly Chart

Price broken out from Resistance zone on Weekly chart.

 Bank Nifty Monthly Charts

Monthly Chart above 34651 bulls have upper hand

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:35360

Bank Nifty Resistance:35490,35666,35824,36060,36300

Bank Nifty  Support:35200,35040,34789,34610,34400

 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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