Last Week We gave Chopad Level of 33100 Bank Nifty gave Long Entry which got stopped out and Short got Triggred on Monday and all targets were done on downside so excellent week for Chopad Followers. We have Mercury at Greatest Elong,Sun Ingress,Multiple Aspect of Sun and Gann Important cycle coming in next week suggesting another trending move can be seen in coming week.
Bank Nifty Harmonic Pattern
Till Price is holding 31500 can see ride towards 33473/34042
Bank Nifty Gann Angles
Perfect fall from gann angle resistance
Planetary Cycles and Bank Nifty Movements
Price has broken the Jupiter Planneatry line.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 17/20 May is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Price reacted from Resistance zone on Weekly chart.
Bank Nifty Monthly Charts
Monthly Chart above 33000 bulls have upper hand
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:32350
Bank Nifty Resistance:32527,33706,32939,33333
Bank Nifty Support:32150,32000,31763,31350
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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