Bank NIFTY Weekly Forecast 18-22 March 2024

By | March 18, 2024 8:48 am

Last Week Our Analysis Trend Change level was  46597 Bears were able to do all target on downside. Coming week its Astro and Gann Cycle Heavy Week so we can expect a volatile move.

  • 144 Days Cycles
  • 99 Trading Days
  • Gann Aniversary Date on 20 March
  • Sun INgress
  • Mars Ingress
  • Mercury at Apehilium
  • Neptune at Pergiee
  • Moon Opposition Mars

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

46656 important level to watch out for coming week for 1K move either side.

Bank Nifty Gann Angles

Price has closed at its 1×2 Gann Angle and is near important gann price and 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

18/22 March is the Important Gann/Astro Date for coming week.

Bank Nifty Weekly Chart

Price has taken support at its AF line with engulfing pattern on weekly chart.

Bank Nifty Monthly Charts

48768 is Monthly Resistance zone 46039 is Monthly Support zone. 

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level: 46597

Bank Nifty Resistance: 46815,47032,47250,47468

Bank Nifty Support: 46379,46161,45943,45725

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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