Mars Ingress Bank Nifty August Month Expiry Weekly Analysis

By | August 27, 2023 6:25 pm

As Discussed in Last Analysis Bank Nifty has seen 4 Week of fall and heading towards 5 Week which is very crucial as it can lead to strong trending move. Also Gann and Astro cycle  of Moon and Mercury Declination are coming together as discussed in below video, so be ready to capture the move with levels as mentioned below.

Bank  Nifty saw a green candel after 4 week of red close price is taking support at 100 DMA next week we have monthly expiry and important astro events as dicussed in below video which should lead to trending move in Bank Finance

  • Mercury Conjuct Venus Helio
  • “Bayer Rule 2: Trend goes down within 3 days when the speed difference between Mars and Mercury is 59 minutes. Leads to Big Move “
  • Mars Ingress
  • SUN Opposition Saturn
  • Uranus Turning Direct
  • “RULE NO. 38 MERCURY LATITUDE HELIOCENTRIC Some mighty fine tops and bottoms are produced when Mercury in this motion passes the above mentioned degrees”
  • Jupiter 72 Saturn

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

Price can  extend fall on downside to complete D pattern if it breaks 44000 towards 43500/43000.

Bank Nifty Gann Angles

Price has broken out of 1×1 gann angles heading higher towards 3×4 gann angle

Planetary Cycles and Bank Nifty Movements

Price is sandwiched between  Mercury and Jupiter Plannetary line.

Bank Nifty Supply and Demand

Self Explanatory Chart

Bank Nifty Time Analysis Pressure Dates

28/31 Aug is the Important Gann/Astro Date for coming week.

Bank Nifty Weekly Chart

Price is back to 100 DMA on Daily time frame and middle of AF

Bank Nifty Monthly Charts

43500 is Monthly Resistnace zone 43787  is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 44247

Nifty Resistance: 44459,44672,44884,45096

Nifty Support: 44035,43822,43610,43398

Levels mentioned are 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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