Last Week we gave Chopad of 32000 Bank Nifty did all 3 target on downside and 1 target on upside so Excellent week for chopad followers. Lets Analyze how to trade in coming week.
Bank Nifty Harmonic Pattern
Heading towards 31000.
Supply and Demand Analysis
Self Explanatory chart.
Planetary Cycles and Bank Nifty Movements
Coming week Bulls need to move above 31500 for a move back to 31800/32000/32225. Bearish below 31250 for a move back to 31000/30750.
Gann Angles
Support at Gann ANgle of 21250.
Bank Nifty Gann Dates
Bank Nifty As per time analysis 10 Dec is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly
Coming week Bulls need to move above 31500 for a move back to 31800/32000/32225. Bearish below 31250 for a move back to 31000/30750.
Bank Nifty Monthly
Bank Nifty Bears need to close below 31300 for fall towards 31000/30600..
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:31400
Bank Nifty Resistance: 31555,31800,32000
Bank Nifty Support:31250,31000,30850
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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