Finance NIFTY Weekly Analysis 06 May-10 May 2024

By | May 5, 2024 8:57 pm

Last Week Our Analysis Trend Change level was 21385 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.

Finance Nifty Harmonic Pattern

Price is reacted from its PRZ zone @22000.

Finance Nifty Gann Angles

Price formed an Outside Bar Pattern,and closed below time cycle low. 

Planetary Cycles and Finance Nifty Movements

Price has reacted from its  Mercury Plannetary line Resistance zone.

Finance Nifty Supply and Demand

Self Explanatory Chart

Finance Nifty Time Analysis Pressure Dates

06/09 May  is the Important Gann/Astro Date for coming week.

Finance  Nifty Weekly Chart

Price has formed a Weekly DOJI

Finance Nifty Monthly Charts

 

22378 is Monthly Resistance zone 21536 is Support zone.

Finance Nifty Weekly Chopad Levels

Finance Nifty Trend Deciding Level: 21839

Finance Nifty Resistance: 21913,21987,22062,22136,22000

Finance Nifty Support: 21764,21690,21615,21541

Levels mentioned are Finance Nifty Spot

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: Finance 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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