Nifty 23-28 Oct 2023 Weekly Analysis

By | October 23, 2023 8:50 am

Last Week We gave Chopad Level of19759 Bears did were able to do 4 target on downside , so excellent weak for chopad Followers.  Coming Week market will see Impact of Double Ingress of Sun and Merucry with Monthly Expiry and 1 trading holiday on 24 Oct for Dusheera.

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 19410/19333  till below 19666

Nifty Gann Angles

Price again got rejected from 1×1 Gann Angle.

Planetary Cycles and Nifty Movements

Price has broken  Mercury Plannetary line support.

Nifty Supply and Demand

Self Explanatory Chart

Nifty  Time Analysis Pressure Dates

23/26 Oct is the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Inside Bar on Weekly chart near AF support.

 Nifty Monthly Charts

19666 is Monthly Resistnace zone 19319 is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 19497

Nifty Resistance: 19569,19638,19706,19779

Nifty Support: 19427,19356,19296,19225,19166

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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