Mercury Ingress BANK NIFTY Weekly Forecast 05-09 Feb 2024

By | February 4, 2024 9:29 pm

Last Week we gave Chopad Level of 45061 Bank Nifty Bulls  were able to do all targets on Upsdie . Coming Week we have Merucury Ingress, Mercury Conjunct Venus and New Moon so we can see big move in market.

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

45389 should be protected by BUlls else bigger decline willbe seen.

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 resistance zone.

Bank Nifty Supply and Demand

Self Explanatory Chart

Bank Nifty Time Analysis Pressure Dates

05/09  Feb is the Important Gann/Astro Date for coming week.

Bank Nifty Weekly Chart

Price has closed at its AF line.

Bank Nifty Monthly Charts

46291 is Monthly Resistance zone 44113 is Monthly Support zone. 

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level: 46026

Bank Nifty Resistance: 46242,46459,46675,46892

Bank Nifty Support: 45809,45593,45376,45160

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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