Bank Nifty Weekly for 15-19 April

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.

Gann Angles

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