BJP’s Astounding Victory in State Election : Bank Nifty Weekly Forecast

By | December 4, 2023 9:13 am

Last Week we gave Chopad Level of  43827 Bulls were able to do all target both on upside so excellent week for chopad followers.

Yesterday’s BJP Win in State Election was Similar to 2013 State Election results where BJP sweeped all 3 state and next day nifty opened with a gap up made O= H and saw a pullback towards gap filling , Fin  Nifty has  rallied almost 500 points last week up by 2.8%.

Today we will see Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes. coming in effect so watch for first 15 mins high and low for finding the trend of the day.

Bank Nifty Harmonic Pattern

Price is heading towards all time high.

Bank Nifty Gann Angles

Price is heading towards 3×4 angle around 46000

Planetary Cycles and Bank Nifty Movements

Price has broken  Jupiter Plannetary line support.

Bank Nifty Supply and Demand

Self Explanatory Chart

Bank Nifty Time Analysis Pressure Dates

04/06 Dec is the Important Gann/Astro Date for coming week.

Bank Nifty Weekly Chart

Price  has bounced from AF line of support.

Bank Nifty Monthly Charts

46128 is Monthly Resistnace zone 45301 is Support zone. 

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level: 45586

Bank Nifty Resistance: 45797,46008,46220,46444

Bank Nifty Support: 45375,45164,44953,44742

Levels mentioned are Bank Nifty Spot

As always I wish you maximum health and trading success

Category: Daily

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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