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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