Last Week Our Analysis Trend Change level was 21839 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.
Finance Nifty Harmonic Pattern
Price is reacted from its PRZ zone @22000 heading towards 20964/20729 till below 21200
Finance Nifty Gann Angles
Price back to gann angle suppoort zone of 1×2 gann angle.
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
15 May is the Important Gann/Astro Date for coming week.
Finance Nifty Weekly Chart
Price has formed Weekly Bearish Engulfing after Weekly DOJI last week.
Finance Nifty Monthly Charts
21536 is Monthly Resistance zone 21000 is Support zone.
Finance Nifty Weekly Chopad Levels
Finance Nifty Trend Deciding Level: 21051
Finance Nifty Resistance: 21124,21197,21270,21343,21412
Finance Nifty Support: 20979,20906,20833,20760,20687
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.