Bank Nifty Weekly Outlook and Trend for 18-22 April

By | April 17, 2022 10:45 pm

Last Week we gave Chopad Level 37800 Bank Nifty Bulls got Stopped out and Bears did 2 target on downside  so Average week for Chopad followers. Coming week we have important gann date so big move will be seen in Bank nify as we will react to HDFC BANK earnings.

BANK Nifty Harmonic Pattern

Shark Pattern is working with PRZ Zone around 42000.

BANK Nifty Gann Angles

Weekly chart 2 week sideways move should see range expansion.

Planetary Cycles and BANK Nifty Movements

Price is trading in between the Planneatry zone.

BANK Nifty Supply and Demand

Self Explanatory Chart

BANK Nifty Time Analysis Pressure Dates

18/21 April is the Important Gann/Astro Date for coming week.

BANK Nifty Weekly Chart

Price above the  Weekly AF line and formed another Weekly Doji. 

BANK Nifty Monthly Charts

37264 important support on Monthly time frame.

BANK Nifty Weekly Chopad Levels

BANK Nifty Trend Deciding Level: 37264

BANK Nifty Resistance: 37525,37729,37940,38296

BANK Nifty Support: 37040,36850,36555,36225

Levels mentioned are BANK Nifty Spot

As always I wish you maximum health and trading success

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