Last Week We gave Chopad Level of 34444 Bank Nifty gave Long Entry 3 targets were done on upside so excellent week for Chopad Followers. Coming week we can see another good move as Mercury goes retrograde/Sun Rahu Conjuction and Gann Date coming.
Bank Nifty Harmonic Pattern
Now price need to hold 35040 for upmove towards 35581,35824,36022,36300
Bank Nifty Gann Angles
Price heading back to gann angle resistance
Planetary Cycles and Bank Nifty Movements
Price has heading towards Jupiter Planneatry line of Resistance.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Nifty As per time analysis 31 May/02 June is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Price broken out from Resistance zone on Weekly chart.
Bank Nifty Monthly Charts
Monthly Chart above 34651 bulls have upper hand
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:35225
Bank Nifty Resistance:35436,35581,35824,36022,36300
Bank Nifty Support:35040,34899,34729,34410,34165
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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