Last Week We gave Chopad Level of 36729 Bank Nifty gave LONG and SHORT Entry LONGS did all target on UPSIDE and Shorts did 3 target on DOWNSIDE so AVERAGE Week for Chopad Followers,We saw the effet of Week Venus Trine Uranus HELIO Aspect and Mercury’s speed in Geocentric longitude is 59 Imp Bayers Rule suggesting and saw major Range Expansion in market. Coming week we have Autumnal Equinox and FED Policy suggesting another volatile week coming.
Bank Nifty Harmonic Pattern
38000 is the PRZ Zone which is completed.
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 22 Sep is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Price saw range expansion now 37909 will play crucial above 37909 rally till 38962 and unable to cross than fall towards 37007
Bank Nifty Monthly Charts
Breakout on Monthly chart 37360-37585 range bulls need to protect for move towards 38565. Bears have chance below 37300 for a move towards 36605.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:37614
Bank Nifty Resistance:37900,38112,38400,38666,38909
Bank Nifty Support:37414,37219,37007,36729
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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