Last Week we gave Chopad of 30500 Bank Nifty did 2 target on Upside so awesome week for chopad followers. Coming week market will react to Ayodha Verdict and trading holiday on 12 Nov.
Bank Nifty Harmonic Pattern
Till we are holding 30050 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 30820 for a move back to 31000/31230/31500/31718. Bearish below 30600 for a move back to 30225/30000/29777/29500.
Gann Angles
Going in Resistance zone of 30800-31000. Above it move towards new high.
Bank Nifty Gann Dates
Bank Nifty As per time analysis 11/14 Nov is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly
Coming week Bulls need to move above 30820 for a move back to 31000/31230/31500/31718. Bearish below 30600 for a move back to 30225/30000/29777/29500.
Bank Nifty Monthly
Bank Nifty Bulls need to close above 30500 for rally towards 31100/31700
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:30820
Bank Nifty Resistance: 31000,31234,31500,31800
Bank Nifty Support:30600,30150 ,30000
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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sir,
few words on today”s conjucntion of mercury.
thanks
we are having an inferior conjunction..