Summer Solstice/Tripple Ingress Impact on Bank Nifty:Weekly Forecast

By | June 21, 2021

Last Week We gave Chopad Level of  35100 Bank Nifty gave Long Entry which  did 1 target on upside and short entry on downside did all target on downdsie so EXCELLENT Week for Chopad Followers.We have 3 Plannet Ingress Sun/Jupiter/Mercury on 20/21/22 this particule Astro Phenomeon is called Tripple Ingress and is a very rare and powerful astro event and SGX showing almost 200 points down.

Bank Nifty Harmonic Pattern

33920 is taget of PRZ Zone

Bank Nifty Gann Angles

Price falling after taking resistance at gann angles

Planetary Cycles and Bank Nifty Movements

Price has heading towards Jupiter Planneatry line of Support 33920 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  21/25 June is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly Chart

Price broken below Support zone on Weekly chart.

 Bank Nifty Monthly Charts

Monthly Chart till below  34651 Bears have upper hand

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:34225

Bank Nifty Resistance:34400,34610,35856,35040,35296

Bank Nifty  Support:34000,33829,33610,33400,33140

 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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