Last Week we gave Chopad level of 38125 Bears did all target on downside so excellent week for chopad followers as Sun Ingress and Bayer Rule 6: The price is in bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees showed impact. Coming Week we have Sun Conjunct Mercury and Mercury Square Jupiter HELIO forming on Monday so another volatile week coming.
Bank Nifty Harmonic Pattern
PRZ Zone at 34500 till below 36500
Bank Nifty Gann Angles
Price corrected from resistance zone.
Planetary Cycles and Bank Nifty Movements
Price took resistance at Jupiter Planneatry line and saw big downmove and closed at it.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Bank Nifty As per time analysis 29 Nov/04 Dec is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
On Weekly chart price has broken support zone heading towards 35000 if 35700 which is 200 DMA gets broken.
Bank Nifty Monthly Charts
35700 gone than we will get quick fall towards 35157/34596.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:35721
Bank Nifty Resistance:35911,36100,36291,36481,36673
Bank Nifty Support:35533,35344,35157,34969,34596
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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