Last Week we gave Chopad of 29160 Bank Nifty did all 3 target on Upside so awesome week for chopad followers. Coming week we are nearing confluence of time cycle date on 31 Oct
Bank Nifty Harmonic Pattern
Till we are holding 28900 we can rally towards 32k.
Supply and Demand Analysis
Self Explanatory chart.
Planetary Cycles and Bank Nifty Movements
Coming week Bulls need to move above 29500 for a move back to 29700/30000/30386. Bearish below 29300 for a move back to 29100/28777/28500/28300/28100.
Gann Angles
Support in range of 28900-29100.
Bank Nifty Gann Dates
Bank Nifty As per time analysis 31 Oct is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly
Coming week Bulls need to move above 29500 for a move back to 29700/30000/30386. Bearish below 29300 for a move back to 29100/28777/28500/28300/28100.
Bank Nifty Monthly
Bank Nifty Bulls need to close above 29160 for rally towards 29500/29800
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:29600
Bank Nifty Resistance: 29843,30000,30200
Bank Nifty Support:29350,29100 ,28888
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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