Autumnal Equinox: Bank Nifty Weekly Forecast

  




Last Week We gave Chopad Level of 36729 Bank Nifty gave LONG and SHORT Entry LONGS did all target on UPSIDE  and Shorts did 3  target on DOWNSIDE so AVERAGE Week for Chopad Followers,We saw the effet of  Week Venus Trine Uranus HELIO Aspect and Mercury’s speed in Geocentric longitude is 59 Imp Bayers Rule suggesting and saw major Range Expansion in market. Coming week we have Autumnal Equinox and FED Policy suggesting another volatile week coming.

Bank Nifty Harmonic Pattern

38000 is the PRZ Zone which is completed.

Bank Nifty Gann Angles

<a href="http://www.instaforex.com/?x=OJWCX">InstaForex</a>

Price heading towards gann angle resistance zone

Planetary Cycles and Bank Nifty Movements

Price will test Mercury Planneatry line resistance again.

Bank Nifty Supply and Demand

Self Explanatory chart..

Bank Nifty Time Analysis Pressure Dates

Bank Nifty As per time analysis 22 Sep is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly Chart

Price saw range expansion now 37909 will play crucial above 37909 rally till 38962 and unable to cross than fall towards 37007

Bank Nifty Monthly Charts

Breakout on Monthly chart 37360-37585 range bulls need to protect for move towards 38565. Bears have chance below 37300 for a move towards 36605.

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:37614

Bank Nifty Resistance:37900,38112,38400,38666,38909

Bank Nifty Support:37414,37219,37007,36729

Levels mentioned are Bank Nifty Spot

Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl.Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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See also  Eurusd