Bank Nifty Weekly Forecast for 28 Nov-02 Dec

By | November 27, 2022 8:25 pm

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

BANK Nifty Weekly Chopad Levels

BANK Nifty Trend Deciding Level: 43170

BANK Nifty Resistance: 43376,43581,43787,43993

BANK Nifty Support: 42964,42758,42552,42347,42108

Levels mentioned are BANK Nifty Spot

As always I wish you maximum health and trading success

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