Last Week we gave Chopad level of 30300 Bank Nifty gave Short on Monday did 3 target on downside as Solar Ingress showed its effect so excellent week for Chopad Followers.Let see how to trade in coming week as we have Holiday shortened week.
Bank Nifty Harmonic Pattern
Till we are holding 29500 Upgraded target 30500/31000/31470
Supply and Demand Analysis
Self Explanatory chart.
Planetary Cycles and Bank Nifty Movements
Bulls need to move above 30068 for a move back to 30250/30390/30666/30810/31000. Bearish below 29900 for a move back to 29800/29640/29500/29300.
Bounced from Gann Angle Support
Bank Nifty Gann Dates
Bank Nifty As per time analysis 02 May is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly
Now coming week Bulls need to move above 30068 for a move back to 30250/30390/30666/30810/31000. Bearish below 29900 for a move back to 29800/29640/29500/29300.
Bank Nifty Monthly
Bulls now need to close above 30500 in April month momentum to be in there favor towards 31000/31500. Bears will get active below 29900 for a move back to 29640/29225
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:30068
Bank Nifty Resistance:30250,30400,30666
Bank Nifty Support:29900,29721,29500
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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