Interim Budget 2024 : Bank Nifty Weekly Forecast

By | January 29, 2024 8:51 am

Last Week we gave Chopad Level of 45819 Bank Nifty Bears were able to do all targets on downside. Coming Week we have Interim Budget 2024  and below

  • Bayer Rule 6: The price is in bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees.
  • Mercury Conjunct Mars
  • SUN Square Jupiter
  • Mercury Square North Node
  • Venus Extreme Declination
  • Uranus Direct
  • Bayer Rule 9: Big changes on market are when Mercury passes over 19 degrees 36 minutes of Scorpio and Sagittarius,also over 24 degrees 14 minutes of Capricorn.

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

44621 is support and 45383 is resistance for SHark Pattern,Break on anyside move of 729 points.

Bank Nifty Gann Angles

Price has broken 1×2 Gann Angle heading towards 1×3 gann angle.

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

29 Jan / 01 Feb is the Important Gann/Astro Date for coming week.

Bank Nifty Weekly Chart

Price has closed below its AF line.

Bank Nifty Monthly Charts

45670 is Monthly Resistance zone 44000 is Monthly Support zone. 

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level: 45061

Bank Nifty Resistance: 45272,45482,45693,45904,46115

Bank Nifty Support: 44850,44639,44429,44205,43992,43779

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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