NIFTY Weekly Analysis 29 April-03 May 2024

By | April 28, 2024 11:57 pm

Last Week Our Analysis Trend Change level was    22146 Bulls were able to do all  target on upside.

Coming week we will have Below Gann and Astro Event with Monthly close  so we can see a trending week.

  • Pluto Retrograde
  • Mars Conjunct Neptune
  • “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’”
  • Venus and Mars Ingress
  • Venus Square Pluto
  • MERCURY SUN Maximum Distance
  • NIfty Gann Sq Date
  • Bank Nifty Solar Eclipse Degree Date

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 22527-22600 is zone of resistance.

Nifty Gann Angles

Price has unable to close above its 3×4 Gann Angle suggesting trend is Sell on Rise till we close above 22527.

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

30 April/02 May  is the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Price has formed Weekly DOJI.

 Nifty Monthly Charts

22665 is Monthly Resistnace zone 22187  is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 22473

Nifty Resistance: 22549,22624,22700,22775

Nifty Support: 22398,22322,22247,22172

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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