Last Week Our Analysis Trend Change level was 47379
Bears were able to do 1 target on dowside and Bulls were able to do all target on upside in Volatile trading week.
Coming week is very heavy Astro week with lot of plannets forming aspect and Sun and Venus going Ingress as discussed below.
SUN Conjunct Jupiter
Venus Conjunct Uranus
MERCURY’S DAILY SPEED IN GEOCENTRIC LONGITUDE
Mars Conjunct North Node
Sun Ingress
JUPITER EARTH MAX DISTANCE
Venus Square Mercury HELIO
“RULE NO. 38 MERCURY LATITUDE HELIOCENTRIC Some mighty fine tops and bottoms are produced when Mercury in this motion passes the above mentioned degrees”
SUN Trine Pluto
Bayer Rule 6: The price is in bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees.
FULL Moon
Venus Ingress
Venus Conjunct Jupiter
Jupiter 60 Neptune
Venus Sextile Neptune
“Bayer Rule 14: VENUS MOVEMENTS IN GEOCENTRIC LONGITUDE USING A UNIT OF 1*9’13””
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 bounced from its 78.6% zone now 48250-48300 is crucial zone.
Bank Nifty Gann Angles
Price bounced from its gann angle suppoort zone of 1×2 gann angle.
Planetary Cycles and Bank Nifty Movements
Price bounced from it Jupiter Plannetary line support zone
Bank Nifty Supply and Demand
Self Explanatory Chart
Bank Nifty Time Analysis Pressure Dates
21 May is the Important Gann/Astro Date for coming week.
Bank Nifty Weekly Chart
Price is back above it 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: 48210
Bank Nifty Resistance: 48428,48645,48863,49081
Bank Nifty Support: 47993,47775,47557,47340,47108
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.