Venus Ingress and Full Moon : BANK Nifty Weekly Analysis

By | June 4, 2023 8:22 pm

Last Week we gave Chopad Level of  44223 Bank Nifty Bulls Got Stopped on Upside and Bears did 2 target on downside . It was an Average week for Chopad followers.

Coming Week we have we have Multiple Astro Date coming involving Outer Plannet as discussed below

  • Mercury Conjunct Uranus
  • Saturn Retrograde
  • Venus Ingress
  • “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.

BANK Nifty Harmonic Pattern

43500-43600 Crucial Zone of Support, Breaking the same fall towards 42500/42000, Break of 44151 can rally can extend towards 44500/45000

BANK Nifty Gann Angles

Price is again broekn 4×3 Gann Angle heading towards 2×1 also important time cycle date coming as shown with Blue Line.

Planetary Cycles and BANK Nifty Movements

Price is broken the resistance zone of Jupiter Planneatry line

BANK Nifty Supply and Demand

Self Explanatory Chart

BANK Nifty Time Analysis Pressure Dates

05/07 June is the Important Gann/Astro Date for coming week.

BANK Nifty Weekly Chart

Price has broken out of Weekly Resistance zone formed a Weekly DOJI Candelstick Pattern. 

BANK Nifty Monthly Charts

43651 is Monthly Support zone. 44719 is Monthly Resistance

BANK Nifty Weekly Chopad Levels

BANK Nifty Trend Deciding Level: 44076 

BANK Nifty Resistance: 44287,44498,44666,44848,49000

BANK Nifty Support: 43865,43654,43443,43232,43022

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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