BANK NIFTY Weekly Forecast 19-23 Feb 2024

By | February 19, 2024 7:54 am

Last Week we gave Chopad Level of 46571 Bank Nifty Bulls  were able to do all target on upside and Bears got stopped out on Downside . Coming Week we have Sun 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 ” and “RULE NO. 38 MERCURY LATITUDE HELIOCENTRIC Some mighty fine tops and bottoms are produced when Mercury in this motion passes the above mentioned degrees”  so we can see voaltilit increased 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

46154 Bulls needs to hold for upmove to continue.

Bank Nifty Gann Angles

Price has bounced from 1×2 Gann Angle and near importnat gann time cycle.

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

19/23 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: 46751

Bank Nifty Resistance: 46966,46181,46376,46588

Bank Nifty Support: 46536,46321,46106,45891,45676

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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