Finance NIFTY Weekly Analysis 21 May-24 May 2024

By | May 21, 2024 7:56 am

Last Week Our Analysis Trend Change level was 21051  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.

Finance Nifty Harmonic Pattern

Price is reacted from its 61.8% zone now 21520-21535 important range to cross for upmove to continue.

Price bounced from 1×2 gann angle support zone 21520-21535 important range to cross for upmove to continue.

Planetary Cycles and Finance Nifty Movements

Price has reacted from its  Mercury Plannetary line Support  zone.

Finance Nifty Supply and Demand

Self Explanatory Chart

Finance Nifty Time Analysis Pressure Dates

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

Finance  Nifty Weekly Chart

Price has formed Weekly Bullish bounced from 20 WSMA.

Finance Nifty Monthly Charts

 

21536 is Monthly Resistance zone 21000 is Support zone.

Finance Nifty Weekly Chopad Levels

Finance Nifty Trend Deciding Level: 21529

Finance Nifty Resistance: 21602,21666,21729,21800,21864

Finance Nifty Support: 21456,21384,21311,21239,21166,21093

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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