Last Week Our Analysis Trend Change level was 48939 Bears were able to do all target on dowside.
Coming week we have again a combination of Astro and Gann Date Confluence so another volatile week is coming and Bank NIfty has corrected for 9 days so Gann RUle will also kick in If a price is falling for 9 consecutive day’s at a stretch, then there is a high probability of a rise for 5 consecutive days. (Ratio is 9:5)
- SUN Conjunct Uranus
- Mercury Ingress
- Mercury Conjuct Venus Helio
- Mercury Square Pluto
- Gann Embelem 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 has reacted from PRZ zone of 50000 now heading towards 47207-46913 range.
Bank Nifty Gann Angles
Price back to gann angle suppoort zone of 1×2 gann angle.
Planetary Cycles and Bank Nifty Movements
Price heading towards Jupiter Plannetary line support zone at 46913-47000.
Bank Nifty Supply and Demand
Self Explanatory Chart
Bank Nifty Time Analysis Pressure Dates
15 May is the Important Gann/Astro Date for coming week.
Bank Nifty Weekly Chart
Price is back to AF Support zone.
Bank Nifty Monthly Charts
48650 is Monthly Resistance zone 47325 is Monthly Support zone.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level: 47379
Bank Nifty Resistance: 47599,47819,48039,48258
Bank Nifty Support: 47160,46940,46720,46501
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.