Last Week we gave Chopad Level of 44076 Bank Nifty Bulls got Stopped out and Bears also got Stopped . It was an Bad week for Chopad followers. Coming Week we have we have Multiple Astro Date coming involving Outer Plannet as discussed below
- Pluto Ingress
- Mercury INgress
- Lunar Node Ingress
- Bayer Rule 5:Mercury Retrograde Zodical Position of One Year
- Bayer Rule 6: The price is in bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees.
- Saturn Retrograde
We will have US Fed Meet and INflation data in coming week can add voaltlity in the market after almost quiet last week.
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 near a crucial juncture and unable to close above 44151 last swing high. SHould see an impulsive move based on price and time cycles.
Planetary Cycles and BANK Nifty Movements
Price is between support and resistance zone of Jupiter Planneatry line
BANK Nifty Supply and Demand
Self Explanatory Chart
BANK Nifty Time Analysis Pressure Dates
12/15 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 and Inside Bar Candelstick Pattern.
BANK Nifty Monthly Charts
43651 is Monthly Support zone. 44719 is Monthly Resistance