Exit polls project TsuNamo 3.0 | BANK NIFTY Weekly Analysis 03 June- 07 June 2024

By | June 3, 2024 8:48 am

Last Week Our Analysis Trend Change level was  48967 Bears were able to do all target on downside.

Coming week we have Lok Sabha 2024 Election Results and RBI Policy suggesting another big volatile coming ahead.

  • Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes.
  • Mercury Ingress
  • SUN Conjunct Venus
  • Mercury Conjunct Jupiter
  • Bayer Rule 19: We have tops when Venus in geocentric position passes the conjunction with the Sun. SUN Conju Venus
  • “Bayer Rule 15: VENUS HELIOCENTRIC LATITUDE AT EXTREME AND LEAST SPEEDS FOR MAJOR MOVES Imp Rule”
  • New Moon
  • “RULE NO. 40 VENUS HELIOCENTRIC LATITUDE DIVIDED INTO PARTS 0*0’ 2*30’ 0*13’ 3*00’ 1*50’ 3*17’ 2*17’ 3*23’”
  • Jupiter Saturn Aspect
  • Venus Square Saturn
  • Gann Square Time Cycle

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

51168 is the current PRZ Zone for Deep Crab Pattern.

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

04 June 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

50721 is Monthly Resistance zone 48650 is Monthly Support zone. 

Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level: 50137

Bank Nifty Resistance: 50359,50581,50803,51025

Bank Nifty Support: 49915,49693,49471,49249

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.

Trade smartly and safely.
Category: Bank 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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