Bank Nifty Weekly Forecast with GST about to become reality

Last Week we gave Chopad Level 18800 Bank Nifty gave long entry on Monday did 2 target om Upside. Lets analyze how to trade in coming week.Lets analyze How the market will fair in August which historically have favored bears and passing GST bill next week.

Bank Nifty Hourly

As discussed in last Analysis Coming week 18550-500 range which is middle line line of channel, holding the same we can see bounceback towards 19000. Break of 18500 can see move towards 18264.

Coming Week break of 19000 can again seen move towards higher end of channel at 19500.

Bank Nifty Harmonic

As discussed in last Analysis Coming week if we hold 18550 we can see move towards 19000/19250.

19000 done, Now closing above 19000 can see 19250/19300.

Gann Angles

As discussed in last Analysis Coming week Bullish on close above 18700 for target of 18920/19140. Bearish on close below 18490 for move towards 18280/18070.

Coming week Holding 18888 bank nifty can break 19230/19500 congestion zone.

Bank Nifty Supply and Demand

Bulls need to hold above 19230 for next move towards 19648/19888 Bearish below 18750 for 18150/17910.

Bank Nifty Gann Dates

Bank Nifty As per time analysis 03/05 Aug is Gann Turn date , except a impulsive around this dates.