Last Week we gave Chopad Level of 21320 Bank Nifty did all 3 target on downside,Excellent Week for Chopad Followers. Coming Week 18 June is very important Astro Date.
Bank Nifty Harmonic
No Valid Harmonic Pattern Observed.
Bank Nifty Gann Angles
Reacted From Gann Angle resistance.21150-21200 will act as resistance for coming week.
Planetary Cycles and Bank Nifty Movements
Bulls will become active above 20450 for a move back to 20654,20900,21160,21400.Bears will get active below 20225 for a move towards 20000,19700,19500.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 15/18 June is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Bulls will become active above 20450 for a move back to 20654,20900,21160,21400.Bears will get active below 20225 for a move towards 20000,19700,19500.
Bank Nifty Monthly Charts
Bank Nifty Bull Break of 21300 can see fall towards 22000/22403/1800023000. Bears below 20600 can move back to 20300/20165/19800.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:20449
Bank Nifty Resistance:20654,20900,21160,21400
Bank Nifty Support:20225,20000,19700,19500
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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