Last Week we gave Chopad level of 30190 Bank Nifty gave Short on Monday did 3 target on Downside so excellent week for Chopad Followers. Let see how to trade in coming week as we have 2 trading Holiday on 17 and 19 April.
Mercury Sign Change effect on Bank Nifty
Bank Nifty Harmonic Pattern
Till we are holding 29500 Upgraded target 30500/31000/31470
Supply and Demand Analysis
Self Explanatory chart.
Planetary Cycles and Bank Nifty Movements
Bulls need to move above 30000 for a move back to 30165/30333/30577/30700. Bearish below 29820 for a move back to 29640/29500/29300.
Near Gann Angle Support
Bank Nifty Gann Dates
Bank Nifty As per time analysis 16/18 Apr is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly
Now coming week Bulls need to move above 30000 for a move back to 30165/30333/30577/30700. Bearish below 29820 for a move back to 29640/29500/29300.
Bank Nifty Monthly
Bulls now need to close above 30500 in April month momentum to be in there favor towards 31000/31500. Bears will get active below 29500 for a move back to 29300/29000.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:30000
Bank Nifty Resistance:30165,30333,30528
Bank Nifty Support:29800,29641,29500
Levels mentioned are Bank Nifty Spot