Nifty Weekly Forecast for 02-05 May 2023

By | May 2, 2023 7:39 am

Last Week we gave Chopad Level of 17686 Bulls were able to achieve the all  target on the Upside. It was an Excellent week for Chopad followers. Coming Week we have Bayer Rule 22: The trend changes if retrograde Mercury passes over the Sun. Sun Conjuct Rx Mer, Pluto Retrograde , Jupiter 51 Saturn “Bayer Rule 2: Trend goes down within 3 days when the speed difference between Mars and Mercury is 59 minutes. Leads to Big Move “.

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

18131-18161 is Crucial Zone of Resistance unable to cross can lead to fall towards 17950/17845. Closing above 18161 can lead to rally towards 18323/18480.

Nifty Gann Angles

Price is heading towards 1×2 angle.

Planetary Cycles and Nifty Movements

Price is  broekn the resistance zone  of the Mercury Planetary .

Nifty Supply and Demand

Self Explanatory Chart

Nifty Time Analysis Pressure Dates

02 May  is the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Price has formed Bullish Engulfing patten.

Nifty Monthly Charts

18308 is Monthly Resistnace zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 18152

Nifty Resistance: 18219,18286,18353,18420

Nifty Support: 18085,18019,17952,17885

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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