Bank Nifty Weekly Forecast 15-19 Jan 2024

By | January 14, 2024 6:59 pm

Last Week we gave Chopad Level of 48135  Bank Nifty  Bears were able to do all targets on downside. Coming Week we have Mercury Ingress and Solar Eclipse date as dicussed in below video so intresting week coming ahead. We also have trading on Saturday  in coming week.

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

Till 48500 is not broken Bearish SHark Pattern can get activated for a fall towards 47500/47000.47000 done and for coming week 47850 not crossed can lead to fall towards 47000. 

Bank Nifty Gann Angles

Price has broken 3×4  Gann Angle resistance at 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

15/19 Jan is the Important Gann/Astro Date for coming week.

Bank Nifty Weekly Chart

Price has formed weekly Lower Low.

Bank Nifty Monthly Charts

49775 is Monthly Resistance zone 47153 is Monthly Support zone. 

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level: 47722

Bank Nifty Resistance: 47942,48162,48381,48555

Bank Nifty Support: 47502,47282,47062,46842,46622

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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