Bank Nifty Weekly Trend Change and Levels – Trading Strategies and Insights

By | March 20, 2023 8:37 am

Next week, there are several important events that could impact the stock market. The US Federal Reserve will announce its policy, UBS is reportedly buying CS, and the alignment of Sun and Mercury at 0 declination, as well as Jupiter’s aspect with Saturn, may increase volatility in the Bank Nifty.

BANK Nifty Harmonic Pattern

 Bulls have upper hand once close is above 39650 for a move towards 4000/40333.

BANK Nifty Gann Angles

Price bounced from gann angle support.

Planetary Cycles and BANK Nifty Movements

Price is formed multiple support at mercury astro  line and  now back to resistance zone.

BANK Nifty Supply and Demand

Self Explanatory Chart

BANK Nifty Time Analysis Pressure Dates

21/23 March  is the Important Gann/Astro Date for coming week.

BANK Nifty Weekly Chart

Price again reacted from Weekly Support zone. 

BANK Nifty Monthly Charts

40591 is monthly Pivot and 41692 monthly resistance 39167 Monthly Support

BANK Nifty Weekly Chopad Levels

BANK Nifty Trend Deciding Level: 39595

BANK Nifty Resistance: 39792,39988,40185,40323,40555

BANK Nifty Support: 39399,39202,39006,39809,38613

Levels mentioned are BANK Nifty Spot

As always I wish you maximum health and trading success

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