Bank Nifty Weekly Forecast for Aug Expiry

Bank Nifty Harmonic Pattern

27739 target on Bank Nifty till we hold low of 26570.

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

Now coming week Bulls need to move above 27070 for a move back to 27300/27540/27739/27900 Bearish below 26900 for a move back to 26800/26666/26450.

Gann Angles

Near Gann Angle Support of 26500 ,holding it can see move back to 27900/28500

Bank Nifty Gann Dates

Bank Nifty As per time analysis 28/30 Aug  is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly

Now coming week Bulls need to move above 27070 for a move back to 27300/27540/27739/27900 Bearish below 26900 for a move back to 26800/26666/26450.

Bank Nifty Monthly

Bank Nifty Bulls need to close above 27300 for trend to reverse and rally towards 27900/28500

Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:27100
Bank Nifty Resistance: 27300,27540,27900
Bank Nifty Support:26900,26666,26500