Last Week Our Analysis Trend Change level was 48210 Bulls were able to do all target on upside.
Coming week we have Monthly expiry and Jupiter Ingress so we can see a trend change as Jupiter being an outer plannet leads to trend changes as per past instances.
- “Bayer Rule 2: Trend goes down within 3 days when the speed difference between Mars and Mercury is 59 minutes. Leads to Big Move “
- Jupiter Saturn Aspect
- Mercury Conjunct Uranus
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 50% zone now 49173-49225 is crucial zone for upmove to continue.
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
27/31 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
49225 is Monthly Resistance zone 48650 is Monthly Support zone.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level: 48967
Bank Nifty Resistance: 49186,49404,49623,49864
Bank Nifty Support: 48748,48529,48310,48091
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.