US Fed Meet :Nifty Weekly Analysis for 12-16 June 2023

By | June 11, 2023 4:14 pm

Last Week we gave Chopad Level of 18607 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.


Nifty Harmonic Pattern

Price has completed 89.1% retraceemnt Unable to cross 18700 downtrend can start towards 18200/18000.

Nifty Gann Angles

Price has moved from 1×5 gann angle heading  towards 1×3

Planetary Cycles and Nifty Movements

Price take resistance at Mercury Plannetary line.

Nifty Supply and Demand

Self Explanatory Chart

Nifty Time Analysis Pressure Dates

12/15 June  is the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Price is near resistance zone on Weekly Chart and formed Tweezers Top Candel Formation.

Nifty Monthly Charts

18639 is Monthly Resistnace zone 18341 is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 18572

Nifty Resistance: 18640,18709,18777,18824,18888

Nifty Support: 18503,18435,18366,18298

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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