Last Week we gave Chopad Level of 21664 Bank Nifty did all 1 target on downside and 3 Target on Upside so so Excellent week for Chopad Followers. Coming Week as we complete the gann Yearly cycle and also near Gann Seasonal Date good move should be seen.
Bank Nifty Harmonic
Price back to PRZ Zone.
Bank Nifty Gann Angles
Price is oscillating at gann angle from last few weeks suggesting big move should be seen in next week.
Planetary Cycles and Bank Nifty Movements
Price is near planneatry line resistance again,Break of 22450 rally towards 23000/22300. Breakdown of 22150 fall back to 21911/21662
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 25/27 Aug is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
breakout above higher end of Channel .
Bank Nifty Monthly Charts
Bulls will become active above 22400 for a move back to 22678/2300/23300.Below 22150 Bears have upperhand can move towards 21911/21662/21300
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:22300
Bank Nifty Resistance:22600,22900,23300,23600
Bank Nifty Support:22040,21800,21666,21300
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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