Modi’s 3rd Term Begins: BANK NIFTY Weekly Projections

By | June 9, 2024 10:23 pm

Last Week Our Analysis Trend Change level was  50137 Bears were able to do all target on downside.

Coming week Modi’s 3rd Term Begins and Inflation Data suggesting another big volatile coming ahead.

  • Venus Square Saturn
  • Mars Ingress
  • SUN Square Saturn
  • Mercury Conjuct Jupiter Helio
  • Bayer Rule 31: The trend changes when Venus in declination reached an extreme beyond 23 degrees 26 minutes 51 seconds.
  • Mercury Conjuct Jupiter
  • Mars Square Pluto
  • Bayer Rule 30: The trend changes when Venus in declination passes the extreme declination of the Sun.
  • Mercury Square Saturn
  • Moon Conjunction Saturn
  • Moon Apogee
  • Sun Conjunct Mercury

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

51500 is the current PRZ Zone for SHARK 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

10 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: 49745

Bank Nifty Resistance: 49966,50188,50409,50631,50852

Bank Nifty Support: 49523,49302,49080,48888,48666

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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