Bank Nifty Weekly Forecast 11-15 Dec 2023

By | December 10, 2023 5:41 pm

Last Week we gave Chopad Level of  45586 Bulls were able to do all target both on upside so excellent week for chopad followers.

Coming Week we have 2 Bayers coming into effect Bayer Rule 1: The trend changes when Mercury changes its direction, “Bayer Rule 2: Trend goes down within 3 days when the speed difference between Mars and Mercury is 59 minutes. Leads to Big Move ” and NEW MOON

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 48000/48500 till holding above 46369.

Bank Nifty Gann Angles

Price is closed above 3×4 gann angle.

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

12 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

47476 is Monthly Resistnace zone 46120 is Support zone. 

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level: 47154

Bank Nifty Resistance: 47369,47585,47801,48016

Bank Nifty Support: 46938,46722,46507,46225,46040

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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