Last Week we gave Chopad Level of 21600 Bank Nifty did all 3 target on downside and 1 target on upside so Average week for Chopad Followers. Coming Week 10Aug is very important Astro Date.
Bank Nifty Harmonic
Reacted from PRZ Zone waiting for lower targets
Bank Nifty Gann Angles
Price is oscillating at gann angle from last few weeks suggesting big move should be seen in next 2 weeks.
Planetary Cycles and Bank Nifty Movements
Heading towards confluence of plannetary support line at 20588-20610, till below 22000.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 10/13 Aug is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Took resistance at higher end of Channel .
Bank Nifty Monthly Charts
Bulls will become active above 21800 for a move back to 22119,22500,2289.Below 21350 Bears have upperhand can move towards 21000/20708.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:21664
Bank Nifty Resistance:21800,22021,22350,22666
Bank Nifty Support:21484,21225,21021,20666
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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“Took resistance at lower end of Channel and till holding 21050 bulls have upper hand”.
Can you please confirm whether this line is correct and relevant?
Please reply
Thanks
Anand