Last Week we gave Chopad Level of 17424 Bank Nifty did all 3 target on Upside so EXCELLENT week for chopad followers. Coming week we have 2 important astro date on 03/05 June.
Bank Nifty Harmonic
Bank Nifty can rally towards 23K till its holding 18000.
Bank Nifty Gann Angles
Bounced from gann angle support heading for 21000.
Planetary Cycles and Bank Nifty Movements
Bulls will become active above 19321 for a move back to 19600,19881,20164,20449.Bears will get active below 18990 for a move towards 18688,18400,18000.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 03/05 June is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Bulls will become active above 19321 for a move back to 19600,19881,20164,20449.Bears will get active below 18990 for a move towards 18688,18400,18000.
Bank Nifty Monthly Charts
Bank Nifty bear Break of 18990 can see fall towards 118769/18500/18000. Bulls above 19321 can move back to 19600/19884/20164/20500
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:19321
Bank Nifty Resistance:19600,19881,20164,20449
Bank Nifty Support:19044,18769,18400,18000
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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