Bank NIFTY Weekly Analysis 29 April-03 May 2024

By | April 29, 2024 12:20 am

Last Week Our Analysis Trend Change level was  47422 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.

Bank Nifty Harmonic Pattern

Price can go back towards its PRZ Zone of 49015

Bank Nifty Gann Angles

Price has bounced from 1×2 Gann Angle.

Planetary Cycles and Bank Nifty Movements

Price reacted from Jupiter Plannetary line Support zone.

Bank Nifty Supply and Demand

Self Explanatory Chart

Bank Nifty Time Analysis Pressure Dates

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

Bank Nifty Weekly Chart

Price has formed a Weekly DOJI at AF Support zone. 

Bank Nifty Monthly Charts

48247 is Monthly Resistance zone 47038 is Monthly Support zone. 

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level: 48392

Bank Nifty Resistance: 48614,48835,49057,49323

Bank Nifty Support: 48171,47950,47729,47507,47285

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.

Trade smartly and safely.
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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