Nifty 03-06 Oct 2023 Weekly Analysis

By | October 2, 2023 5:25 pm

Last Week We gave Chopad Level of19700 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.

Nifty Harmonic Pattern

Price is heading towards 19617/19453 till below 19800

Nifty Gann Angles

Price has taken support at 1×1 Gann Angle.

Planetary Cycles and Nifty Movements

Price is back to  Mercury Plannetary line support.

Nifty Supply and Demand

Self Explanatory Chart

Nifty  Time Analysis Pressure Dates

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

Nifty Weekly Chart

Price has formed Weekly DOJI pattern. 

 Nifty Monthly Charts

19868 is Monthly Resistnace zone 19319 is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 19636

Nifty Resistance: 19707,19778,19848,19921,20000

Nifty Support: 19567,19496,19426,19355,19285

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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