Last Week we gave Chopad Level of 17641 Bears were able to achieve the 3rd target on the downside . It was an average week for Chopad followers. The upcoming week is crucial as we have April Monthly Expiry will start seeing impact of Reliance and ICICI BANK Results and Mercury Retrograde 2023 and Lunar Cycle coming on 28 April. Astro analysis can help identify trends and reversals in the market, and it can be used in combination with other technical analysis methods to improve the accuracy of trading strategies. Gann analysis involves studying charts and identifying support and resistance levels to pinpoint potential trading opportunities.
Nifty Harmonic Pattern
17826-17850 Crucial Zone of Resistance unable to cross can lead to fall towards 17622/17512/17326
Nifty Gann Angles
If a price is rising for 9 consecutive day’s at a stretch, then there is a high probability of a correction for 5 consecutive days. (Ratio is 9:5) — 5 Days of fall is completed.
Planetary Cycles and Nifty Movements
Price is near the resistance zone of the Mercury Planetary .
Nifty Supply and Demand
Self Explanatory Chart
Nifty Time Analysis Pressure Dates
24/28 April is the Important Gann/Astro Date for coming week.
Nifty Weekly Chart
Price has formed Weekly Outside Bar which is Bearish sign.
Nifty Monthly Charts
17845 is Monthly Resistnace zone.