As Discussed in Last Weekly Analysis In the next week we do have the FOMC meeting minutes, which will give trend to Bank Nifty ,Bayer Rule 3: Price goes up when the angle between Mars and Mercury is 161 degrees 21 minutes 18 seconds; Mars must be retrograde and “Bayer Rule 15: VENUS HELIOCENTRIC LATITUDE AT EXTREME AND LEAST SPEEDS FOR MAJOR MOVES Imp Rule” and Jupiter Retrograde will also come into effect lead to volatile move in Monthly Expiry.
Bank Nifty did 3 target on upside coming week we have 2 Monthly close and 2 important bayers rule coming Bayer Rule 9: Big changes on market are when Mercury passes over 19 degrees 36 minutes of Scorpio and Sagittarius,also over 24 degrees 14 minutes of Capricorn. and Bayer Rule 30: The trend changes when Venus in declination passes the extreme declination of the Sun.
BANK Nifty Harmonic Pattern
Price is heading towards 43555/43942 as per Alternate ABCD Pattern.
BANK Nifty Gann Angles
Price is consolidating above gann angle heading towards 43555/43942.
Planetary Cycles and BANK Nifty Movements
Price is heading towards Mercury Line.
BANK Nifty Supply and Demand
Self Explanatory Chart
BANK Nifty Time Analysis Pressure Dates
29 Nov/01 Dec is the Important Gann/Astro Date for coming week.
BANK Nifty Weekly Chart
Price has done breakout on weekly chart and near AF Resistance line.
BANK Nifty Monthly Charts
42380 is monthly support and 43942 monthly resistance