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Bank Nifty at 23300 by Mar 22, 2017? Bank Nifty for Week Starting Mar 14 - Post UP Election Results

Last Weekly post I mentioned  
"This week is important week as per Gann Time Analysis. This week is 26th from Top of 20576 made in Sep 2016. Also Last week completed 52 weeks from major bottom of 13407 made in Feb 2016. As per Gann Time Analysis these are important weeks for making Top/Bottom/Reversal. Hence, a Major mid term Top/Bottom can be expected this week that should be protected for few months. The reversal of Sep 2016 was 27 weeks from low of Feb 2016."
The UP election results may provide us mid term bottom in last week or mid term top this week. Tomorrow we will see a Strong Gap Up(500-700 points) but we have to watch whether market moves up after that big gap up!
It is very likely that Bank Nifty may reach 23300 in coming weeks or probably by Mar 22 when new Solar Cycle starts. Bank Nifty is moving in 180 degree 18300-20400-23300. It sustained very well for last few weeks above 20400. Hence, 23300 is target is looking possible with UP election results favorable to Bulls!

Market would also react to US Fed rate decision on Thursday morning(decision would known by Wed night), but looks like domestic positive news flow may supersede this Global negative news in coming weeks.

Gann Time Analysis:

This month of Mar is also 13th month from Major bottom of Feb 2016(13407 made on Feb 29, 2106). As per Gann, 13th week/month is one of the important time frames to watch for reversal or major bottom/top.
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