Last Week We gave Chopad Level of 40482 Bank Nifty gave SHORT Entry which did all target on DOWNSIDE so EXCELLENT Week for Chopad Followers as Double Ingress showed its effect. Coming week as SUN INgress and Bayers Rule coming so another trending week coming.
Bank Nifty Harmonic Pattern
PRZ Zone at 42000 price last week and price made high of 41809 and saw big fall.
Bank Nifty Gann Angles
Price corrected from resistance zone.
Planetary Cycles and Bank Nifty Movements
Price took resistance at Jupiter Planneatry line and saw big downmove.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Bank Nifty As per time analysis 02 Nov is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
On Weekly chart price is at AF Resistane zone.
Bank Nifty Monthly Charts
Breakout needs to hold 38500 on Monthly chart for rally till 40400/4100/41500/42000/42875
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:39200
Bank Nifty Resistance:39453,39790,40128,40400
Bank Nifty Support:39000,38824,38666,38350,38100
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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