Last Week We gave Chopad Level of 36800 Bank Nifty gave LONG and SHORT Entry LONGS got stopped out and Shorts did 3 target on UPSIDE so AVERAGE Week for Chopad Followers,We saw the effet of Shemitah CYCLE as markets around the world are down. Coming Week Venus Trine Uranus HELIO Aspect and Mercury’s speed in Geocentric longitude is 59 Imp Bayers Rule suggesting we will see a major Range Expansion in market.
Bank Nifty Harmonic Pattern
37200 is the PRZ Zone
Bank Nifty Gann Angles
Price heading towards gann angle resistance zone
Planetary Cycles and Bank Nifty Movements
Price will test Mercury Planneatry line resistance again.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Bank Nifty As per time analysis 13/16 Sep is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Price formed an Inside bar on Weekly chart
Bank Nifty Monthly Charts
Bears will have chance below 36139 for a move towards 35855/35570. Bulls above 37200 can see move towards 37700/38500 for September month
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:36729
Bank Nifty Resistance:36992,37200,37343,37555,37729
Bank Nifty Support:36547,36410,36257,36040
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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