Bank Nifty Weekly Outlook and Trend for 09-13 May

By | May 8, 2022 9:10 pm

Last Week we have Chopad Level of 35760 Bullls were able to do 1 target on upside and Bears did all target on downside so we excellent week for chopad followers. Coming week Bayer Rule 6: The price is in bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees and Bayer Rule 1: The trend changes when Mercury changes its direction and Mercury Retrograde and Double Ingress suggesting big move will be seen again in the market.

BANK Nifty Harmonic Pattern

Cyper Pattern PRZ Zone almost done price can see strong reversal. 

BANK Nifty Gann Angles

Weekly chart showing near support zone.

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

10/12 May is the Important Gann/Astro Date for coming week.

BANK Nifty Weekly Chart

Price broke the  Weekly AF line.

BANK Nifty Monthly Charts

34353 important support on Monthly time frame.

BANK Nifty Weekly Chopad Levels

BANK Nifty Trend Deciding Level: 34238 

BANK Nifty Resistance: 34424,34723,34909,35094,35279

BANK Nifty Support: 34051,33865,33678,33492

Levels mentioned are BANK Nifty Spot

As always I wish you maximum health and trading success

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