Bank Nifty Weekly Forecast 26-29 Dec 2023

By | December 25, 2023 7:50 pm

Last Week we gave Chopad Level of  48164 Bears were able to do all target on Downside  so excellent week for chopad followers.  With the upcoming weekly, monthly, quarterly, and yearly closings on December 29, 2023, anticipation builds for potential market shifts.

Coming Week we have multiple Bayers rule and Astro events involving Jupiter and Mercury  so another Voaltile  week coming ahead.

  • Mars Trine North Node
  • JUPITER Declination
  • 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.
  • Bayer Rule 2: Trend goes down within 3 days when the speed difference between Mars and Mercury is 59 minutes. Leads to Big Move
  • RULE NO. 38 MERCURY LATITUDE HELIOCENTRIC Some mighty fine tops and bottoms are produced when Mercury in this motion passes the above mentioned degrees

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 47000.

Bank Nifty Gann Angles

Price is back to  3×4  Gann Angle till 47000 is held bulls can rally towards 47500/48000.

Planetary Cycles and Bank Nifty Movements

Price is back to   Jupiter Plannetary line support zone.

Bank Nifty Supply and Demand

Self Explanatory Chart

Bank Nifty Time Analysis Pressure Dates

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

Bank Nifty Weekly Chart

Price has formed an Inside Bar on Weekly chart.

Bank Nifty Monthly Charts

47729 /48000 is Monthly Resistnace zone 47108 is Support zone. 

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level: 47561

Bank Nifty Resistance: 47780,48000,48219,48555

Bank Nifty Support: 47341,47122,46902,46682

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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