Last Week Our Analysis Trend Change level was 48392 Bulls were able to do all target on upside.
Coming week we have again a combination of Astro and Gann Date Confluence so another volatile week is coming.
- Moon Declination
- New Moon
- Moon Perigee
- Bayer Rule 7: There are changes on market when Venus or Mars goes over its Aphelium Perihelium (Geocentric).
- Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes.
- Lunar Eclipse Degree Calculation
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 PRZ zone of 50000.
Bank Nifty Gann Angles
Price formed an Outside Bar Pattern,and closed below time cycle low.
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
06/09 May is the Important Gann/Astro Date for coming week.
Bank Nifty Weekly Chart
Price has formed a new life time high, but failed to close above 49000.
Bank Nifty Monthly Charts
48650 is Monthly Resistance zone 50271 is Monthly Support zone.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level: 48939
Bank Nifty Resistance: 49162,49385,49607,49974
Bank Nifty Support: 48716,48494,48271,48048,47825
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.