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

By | December 4, 2023 9:57 am

Last Week we gave Chopad Level of  19789

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.

Nifty Harmonic Pattern

Price heading towards 20610/20729 till above 20222.

Nifty Gann Angles

Price is heading towards 20610 which is 3×4 angle resistance.

Planetary Cycles and Nifty Movements

Price is above Mercury Plannetary line support.

Nifty Supply and Demand

Self Explanatory Chart

Nifty  Time Analysis Pressure Dates

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

Nifty Weekly Chart

Price is back to AF Line Resistance .

 Nifty Monthly Charts

20940  is Monthly Resistnace zone 20220 is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 20610

Nifty Resistance: 20666,20729,20850,20920,21000

Nifty Support: 20525,20444,20375,20300,20225

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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