Last Week we gave Chopad Level of 18769 Nifty opened with a gap down and did all 4 target on downside so EXCELLENT week for chopad followers. Coming week we have 2 important astro date on 26/28 May.
Bank Nifty Harmonic
No new pattern observed.
Bank Nifty Gann Angles
Bank Nifty near support zone of 17100-17150.
Planetary Cycles and Bank Nifty Movements
Bulls will become active above 17424 for a move back to 17726,17950,18225,18500.Bears will get active below 17225 for a move towards 17000,16800,16641.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 26/28 May is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Bulls will become active above 17424 for a move back to 17726,17950,18225,18500.Bears will get active below 17225 for a move towards 17000,16800,16641.
Bank Nifty Monthly Charts
Bank Nifty bear Break of 17100 can see fall towards 16800/16500/16000.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:17424
Bank Nifty Resistance:17726,17950,18225,18500
Bank Nifty Support:17225,17000,16800,16641
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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