Last Week Our Analysis Trend Change level was 48586
Bulls were able to do 2 target on upside.
For the first time Iran has possibly directly attacked Israel. State of War. Iran have launched drones and ballistic missiles towards Israel to attack military targets per U.S. and Israeli officials to Axios. When all are short volatlity, a significant volatility shock can be brutal.
Coming week we are seeing Multiple Astro Events as discussed below, We also have Trading Holiday on 17 April.
Bayer Rule 6: The price gives big move when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees.
“RULE NO. 40 VENUS HELIOCENTRIC LATITUDE DIVIDED INTO PARTS 0*0’ 2*30’ 0*13’ 3*00’ 1*50’ 3*17’ 2*17’ 3*23’”
Bayer Rule 22: The trend changes if retrograde Mercury passes over the Sun. Sun Conjuct Rx Mer
MERCURY EARTH MIN DISTANCE
Venus Bi-Quintile Uranus
Sun Bi-Quintile Uranus
Gann Squaring from 20-03-2024
Solar Eclipse 180 Degree Date 14-04
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
Price has reacted from the SHARK PRZ Zone of 49015.
Bank Nifty Gann Angles
Price has closed below its previous day low suggesting reversal as per gann studies.
Planetary Cycles and Bank Nifty Movements
Price reacted from Jupiter Plannetary line resistance zone.
Bank Nifty Supply and Demand
Self Explanatory Chart
Bank Nifty Time Analysis Pressure Dates
15/19 April is the Important Gann/Astro Date for coming week.
Bank Nifty Weekly Chart
Price has formed a Weekly Gravestone Doji
Bank Nifty Monthly Charts
47444 is Monthly Resistance zone 46039 is Monthly Support zone.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level: 48392
Bank Nifty Resistance: 48614,48835,49057,49225,49555
Bank Nifty Support: 48171,47950,47728,47507,47285
Levels mentioned are Bank Nifty Spot
As always I wish you maximum health and trading success
As always I wish you maximum health and trading success
As always, it’s essential to closely monitor market movements and make informed decisions based on a well-thought-out trading plan and risk management strategy. Market conditions can change rapidly, and it’s crucial to be adaptable and cautious in your approach.