Nifty Weekly Forecast 18-22 Dec 2023

By | December 17, 2023 7:11 pm

Last Week we gave Chopad Level of  21000  Bulls were able to do all target both on upside so excellent week for chopad followers.

Coming Week we have multiple Bayers rule so another exiciting week coming ahead.

  • Bayer Rule 6: The price is in top/bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees.
  • 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.
  • “RULE NO. 40 VENUS HELIOCENTRIC LATITUDE DIVIDED INTO PARTS 0*0’ 2*30’ 0*13’ 3*00’ 1*50’ 3*17’ 2*17’ 3*23’
  • Mercury at Perihelion
  • Winter Solstice

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 heading towards 21108/21250 till above 20800.

Nifty Gann Angles

Price is heading towards 21666/21729 till above 3X4 GANN ANGLE.

Planetary Cycles and Nifty Movements

Price is above Mercury Plannetary line resistance zone.

Nifty Supply and Demand

Self Explanatory Chart

Nifty  Time Analysis Pressure Dates

18/21 Dec  is the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Price is BROKEN  AF Line Resistance and done 7 week of rise .

 Nifty Monthly Charts

21721  is Monthly Resistnace zone 21200 is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 21437

Nifty Resistance: 21510,21582,21655,21729

Nifty Support: 21364,21292,21219,21147,21074

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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