Mercury Ingress : Bank Nifty Weekly Outlook And Trend

By | June 12, 2022 11:04 pm

Last Week We gave Chopad Level of 35199 Bank Nifty 1 target on upside and 4 target on Downside so Excellent week for chopad Followers as astro and gann date showed there impact. Comign week we have Mercury Ingress,Full Moon and “RULE NO. 38 MERCURY LATITUDE HELIOCENTRIC Some mighty fine tops and bottoms are produced when Mercury in this motion passes the above mentioned degrees 0, 3*21,6*42, and 7*0’” suggesting another trending week coming.

BANK Nifty Harmonic Pattern

Price reacted from 35446 and closed below 34511 important support suggesting heading towards 34000/33500.

BANK Nifty Gann Angles

Price is back to middle of gann angle.

Planetary Cycles and BANK Nifty Movements

Price took resistance at the Jupiter Planneatry line and is heading towards 33500/33235 Mercury Plannetary line support.

BANK Nifty Supply and Demand

Self Explanatory Chart

BANK Nifty Time Analysis Pressure Dates

14/16 June is the Important Gann/Astro Date for coming week.

BANK Nifty Weekly Chart

Price took resistance at Weekly AF line and saw decent correction.

BANK Nifty Monthly Charts

35937 important support on Monthly time frame till below it bears have upper hand.

BANK Nifty Weekly Chopad Levels

BANK Nifty Trend Deciding Level: 34006

BANK Nifty Resistance: 34193,34379,34556,34751

BANK Nifty Support: 33820,33633,33447,33261

Levels mentioned are BANK Nifty Spot

As always I wish you maximum health and trading success


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