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.
- FULL MOON
- VENUS INGRESS
- Bayer Rule 2: Trend goes down within 3 days when the speed difference between Mars and Mercury is 59 minutes. Leads to Big Move
- Bayer Rule 14: VENUS MOVEMENTS IN GEOCENTRIC LONGITUDE USING A UNIT OF 1*9’13
- 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.