Bank Nifty 03-06 Oct 2023 Weekly Analysis

By | October 2, 2023 7:26 pm

Last Week We gave Chopad Level of44668 Bulls got Stopped multiple times Bears were able to do 2 target on downside, Coming Week we have RBI Policy ,Below are multiple  astro  event coming next week suggesting we can see Trending move.

  • Venus Square Mercury HELIO
  • Venus Trine North Node
  • “RULE NO. 38 MERCURY LATITUDE HELIOCENTRIC Some mighty fine tops and bottoms are produced when Mercury in this motion passes the above mentioned degrees”
  • Mars Opposition North Node
  • Mercury Ingress
  • Mars YOD Neptune
  • Moon Declination

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 is heading towards 45000-45225  till its holding 44150-44200 zone.

Bank Nifty Gann Angles

Price has take resistance at  1×1 Gann Angle.

Planetary Cycles and Bank Nifty Movements

Price is back to Jupiter Plannetary line support.

Bank Nifty Supply and Demand

Self Explanatory Chart

Bank Nifty Time Analysis Pressure Dates

03/06 Oct is the Important Gann/Astro Date for coming week.

Bank Nifty Weekly Chart

Price has formed at Weekly DOJI at 20 SMA.

Bank Nifty Monthly Charts

45950-45000 is Monthly Resistnace zone 44113/43920 is Support zone. 

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level: 44435

Bank Nifty Resistance: 44644,44853,45062,45270

Bank Nifty Support: 44226,44018,43809,43600

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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