NIFTY Weekly Analysis 22 April- 26 April 2024

By | April 21, 2024 6:31 pm

Last Week Our Analysis Trend Change level was    22398 Bears were able to do all  target on upside.

Coming week we will have Monthly Expiry and combo of Gann and Astro Date so another volatile week coming.

  • Jupiter Conjunct Uranus
  • Sun Bi-Quintile Mars
  • Full Moon
  • Gann Embelem Date — 22 April
  • “Bayer Rule 2: Trend goes down within 3 days when the speed difference between Mars and Mercury is 59 minutes. Leads to Big Move “
  • Bayer Rule 1: The trend changes when Mercury changes its direction

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.

Nifty Harmonic Pattern

Price has corrected from PRZ zone of 22527 Now 22262-22300 is zone of resistance.

Nifty Gann Angles

Price has closed below its 3×4 Gann Angle suggesting trend is Sell on Rise.

Planetary Cycles and Nifty Movements

Price has bounced from  Mercury Plannetary line support zone.

Nifty Supply and Demand

Self Explanatory Chart

Nifty  Time Analysis Pressure Dates

22/25 April  is the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Price has formed Weekly Hammer at AF support zone.

 Nifty Monthly Charts

22300 is Monthly Resistnace zone 21849 is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 22146

Nifty Resistance: 22220,22294,22367,22444,22512

Nifty Support: 22072,21999,21925,21851,21777

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

Leave a Reply