Nifty Weekly Forecast 08-12 Jan 2024

By | January 7, 2024 11:56 pm

Nifty has formed a Weekly DOJI and we are approqaching 08 Jan as Gann Aniversay date so next week should be an exiting move.

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

  • Mercury Square Neptune
  • Mars Declination
  • Venus Bi-Quintile Jupiter
  • Mercury Bi-Quintile Uranus
  • SUN Trine Uranus
  • Mercury Bi-Quintile North Node
  • 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.

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

Till 21834 is not broken Bearish SHark Pattern can get activated for a fall towards 21500/21300.

Nifty Gann Angles

Time Wise we will complete 199 bars on 11 Jan can we an important turning date.

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

08/11 Jan  is the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Price has formed Weekly DOJI 

 Nifty Monthly Charts

21952 is Monthly Resistnace zone 21238 is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 21720

Nifty Resistance: 21793,21866,21940,22013

Nifty Support: 21647,21573,21500,21424,21343

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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