Bank Nifty Weekly Forecast – Bramesh’s Technical Analysis

  


Last Week we gave Chopad of 32000 Bank Nifty did all 3 target on downside and 1 target on upside so Excellent week for chopad followers. Lets Analyze how to trade in coming week.

Bank Nifty Harmonic Pattern

Heading towards 31000.

Supply and Demand Analysis

Self Explanatory chart.

Planetary Cycles and Bank Nifty Movements

Coming week Bulls need to move above 31500 for a move back to 31800/32000/32225. Bearish below 31250 for a move back to 31000/30750.

Gann Angles

Support at Gann ANgle of 21250.

Bank Nifty Gann Dates

Bank Nifty As per time analysis 10 Dec is Pressure date , impulsive move can be seen around these dates.

Bank Nifty Weekly

Coming week Bulls need to move above 31500 for a move back to 31800/32000/32225. Bearish below 31250 for a move back to 31000/30750.

Bank Nifty Monthly

Bank Nifty Bears need to close below 31300 for fall towards 31000/30600..

 Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:31400

Bank Nifty  Resistance: 31555,31800,32000

Bank Nifty Support:31250,31000,30850

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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