Omicron Covid Variant Impact:NIFTY 50 Weekly Technical Analysis

By | November 28, 2021 6:00 pm

Last Week we gave Chopad level of 17799 Bears did all target on downside so excellent week for chopad followers as Sun Ingress and Bayer Rule 6: The price is in bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees showed impact.  Coming Week we have Sun Conjunct Mercury and Mercury Square Jupiter HELIO forming on Monday so another volatile week coming.

Nifty Harmonic Pattern

PRZ Zone at 16613 till we are below 17150

Nifty Gann Angles

OUTSIDE BAR pattern,did its job got the big fall

Planetary Cycles and Nifty Movements

Plannetary Support 16743/16486 Resistance 17100/17265

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis 29 Nov/04 Dec is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Weekly looks very bearish with price breaking 20 WSMA.

Nifty Monthly Charts

16730-16758 important support zone if 16980 gone.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 16900

Nifty Resistance: 16965,17031,17096,17161

Nifty Support:16835,16771,16706,16641

Levels mentioned are 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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Category: Bank Nifty Weekly Analysis

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

2 thoughts on “Omicron Covid Variant Impact:NIFTY 50 Weekly Technical Analysis

  1. KKP

    Always great updates to cover the entire basis from astro, gann, trend, ma, neural and other methods. Thank you for keeping us updated.


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