Solar Eclipses : Bank Nifty 16-20 Oct 2023 Weekly Analysis

By | October 16, 2023 7:24 am

Last Week We gave Chopad Level of44226 Bulls did were able to do 2 target on upside, Coming Week market will see Impact of Solar Eclipses and New Moon as discusssed in below video.

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 43800  till its holding below  44729-44800 zone.

Bank Nifty Gann Angles

Price has not caputured   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

16/20 Oct is the Important Gann/Astro Date for coming week.

Bank Nifty Weekly Chart

Price has formed at Weekly Outside Bar and trading below   20 SMA.

Bank Nifty Monthly Charts

44800-45000 is Monthly Resistnace zone 43800/43500 is Support zone. 

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level: 44226

Bank Nifty Resistance: 44435.44644,44853,45062

Bank Nifty Support: 44018,43809,43600,43444

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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