Nifty Weekly Analysis :Venus Ingress and Bayers Rule Impact

By | May 7, 2023 11:10 pm

Last Week we gave Chopad Level of 18152 Bulls were able to achieve 1  target on the Upside and 1 on downside . It was an Average 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.

Nifty Harmonic Pattern

18275-183200 is Crucial Zone of Resistance unable to cross can lead to fall towards 17950/17845 as we have comted ALternate ABCD pattern.

Nifty Gann Angles

Price is heading towards 1×2 angle.

Planetary Cycles and Nifty Movements

Price is  near the Support zone  of the Mercury Plannetary line.

Nifty Supply and Demand

Self Explanatory Chart

Nifty Time Analysis Pressure Dates

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

Nifty Weekly Chart

Price has formed Shoting Star pattern on Weekly

Nifty Monthly Charts

18275 is Monthly Resistnace zone 17900 is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 18132

Nifty Resistance: 18199,18286,18353,18420

Nifty Support: 18064,17997,17929,17862

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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