Last Week We gave Chopad Level of 32350 Bank Nifty gave Long Entry all targets were done on downside so excellent week for Chopad Followers. We have Saturn Retrograde,Total Lunar Eclipse and Gann Important cycle coming in next week suggesting another trending move can be seen in coming week May Month Expiry.
Bank Nifty Harmonic Pattern
All Bullsih target done of last week,Now price need to hold 33736 for upmove towards 35555/3600036523
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 23/26 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 33736 bulls have upper hand
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:34444
Bank Nifty Resistance:34700,35000,35300,35555
Bank Nifty Support:34200,33880,33512,33300
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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