Nifty Weekly Analysis During RBI Policy Week: Insights for Traders

By | August 6, 2023 6:02 pm

Last Week we gave Chopad Level of 19666 Nifty Bears did all target  on downside  so Excellent Week for  Chopad followers.

Coming Week we have we have multiple Astro dates and RBI Policy meet Outcome on 10 AUg 2023, So Exciting Week Ahead

  • Venus Declination
  • JUpiter Square Sun
  • Bayer Rule 6: The price is in bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees.
  • Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes.
  • Mercury Trine Jupiter
  • Venus Square Uranus

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


Till 20000 is not broken price can fall towards 19200/18888

Nifty Gann Angles

Price has broken 1×1 gann angle once below 19400 can see fall towards 19200-19000

Planetary Cycles and Nifty Movements

Price took resistance at  Mercury Plannetary line.

Nifty Supply and Demand

Self Explanatory Chart

Nifty Time Analysis Pressure Dates

07/10 Aug is the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

First lower low after 18 weeks of rally.

 Nifty Monthly Charts

O=H on MOnthly chart 19878 is Monthly Resistance zone 19121is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 19538

Nifty Resistance: 19608,19678,19279,19777,19848

Nifty Support: 19467,19397,19327,19257,19187

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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