Bank Nifty Weekly Analysis For October Monthly Expiry

By | October 24, 2021 8:00 pm

Last Week We gave Chopad Level of 39416 Bank Nifty gave SHORT Entry which did all  target on DOWNSIDE so EXCELLENT Week for Chopad Followers,as Saturn Turns Direct and Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes showed its effect. Coming week as Jupiter goes Direct and Double Ingress coming so another volatile week coming.

Bank Nifty Harmonic Pattern

PRZ Zone at 42000 till we are holding 39500.

Bank Nifty Gann Angles

Heading to gann angle resistance at 42000

Planetary Cycles and Bank Nifty Movements

Price took support at Jupiter Planneatry line and moved up sharply.

Bank Nifty Supply and Demand

Self Explanatory chart..

Bank Nifty Time Analysis Pressure Dates

Bank Nifty As per time analysis 25/28 Oct is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly Chart

On Weekly chart price is at AF Resistane zone. 

Bank Nifty Monthly Charts

Breakout on Monthly chart above 40400 rally till 41500/42000/42875

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:40482

Bank Nifty Resistance:40680,40878,41076,41351,41552

Bank Nifty Support:40283,40085,39887,39689,39491

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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Category: Bank Nifty Weekly Analysis

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

One thought on “Bank Nifty Weekly Analysis For October Monthly Expiry

  1. SANJAY SHARMA

    Dear Bramesh, you are doing an excellent and precise knowledge sharing which shows you have immense clarity in what you do. I have been your follower fr several years now. Hope to get a training sometimes soon. Sanjay Sharma

    Reply

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