Finance NIFTY Weekly Analysis 13 May-17 May 2024

By | May 13, 2024 8:56 am

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.

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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