Last Week we gave Chopad of 27300 Bank Nifty did all 3 target on upside and we got big move as per Astro cycle.
Bank Nifty Harmonic Pattern
Last week pattern did target on upside, No new pattern observed this week.
Supply and Demand Analysis
Self Explanatory chart.
Planetary Cycles and Bank Nifty Movements
Now coming week Bulls need to move above 28100 for a move back to 28300/28500/28700/28900. Bearish below 27900 for a move back to 27750/27500/27350.
Gann Angles
Near Gann Angle Support of 26500 ,holding it can see move back to 28500/28900
Bank Nifty Gann Dates
Bank Nifty As per time analysis 16/19 Sep is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly
Now coming week Bulls need to move above 28100 for a move back to 28300/28500/28700/28900. Bearish below 27900 for a move back to 27750/27500/27350.
Bank Nifty Monthly
Bank Nifty Bulls need to close above 28100 for trend to reverse and rally towards 28500/28900
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:28100
Bank Nifty Resistance: 28370,28500,28872
Bank Nifty Support:27900,27666,27350
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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