Bank Nifty Weekly Analysis :Venus Ingress and Bayers Rule Impact

By | May 7, 2023 11:32 pm

Last Week we gave Chopad Level of  43462 Bank Nifty Bulls were able to achieve the 1 target on the Upside and 4 target on dowside. It was an Excellent week for Chopad followers. Coming Week we have Venus Ingress, Mercury Retrograde getting over and Bayers Rule so another exciting week coming.

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.

BANK Nifty Harmonic Pattern


42800-43000 Crucial Zone of Support, Breaking the same fall towards 42500/42000

BANK Nifty Gann Angles

Price is again approaching 4×3 Gann Angle heading towards 2×1

Planetary Cycles and BANK Nifty Movements

Price has broken the support zone

BANK Nifty Supply and Demand

Self Explanatory Chart

BANK Nifty Time Analysis Pressure Dates

08/10 May is the Important Gann/Astro Date for coming week.

BANK Nifty Weekly Chart

Price has broken out of Weekly Resistance zone. 

BANK Nifty Monthly Charts

42800  is Monthly Support zone. 43400 is Monthly Resistance

BANK Nifty Weekly Chopad Levels

BANK Nifty Trend Deciding Level: 42694 

BANK Nifty Resistance: 42903,43112,43321,43530,43729

BANK Nifty Support: 42485,42275,42066,41824,41555

Levels mentioned are BANK Nifty Spot

As always I wish you maximum health and trading success

Category: Bank Nifty Weekly Analysis

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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