08 July-12 July 2024: NIFTY Weekly Projections

By | July 7, 2024 7:32 pm

Last Week Our Analysis Trend Change level was    24036 Bulls were able to do 2 target on upside so Average  week for Chopad Followers

Coming week we have below Astro Events

  • Mercury Trine North Node
  • SUN Trine Saturn
  • Bayer Rule 7: There are changes on market when Venus or Mars goes over its Aphelium Perihelium (Geocentric).
  • Venus Ingress
  • Moon Declination
  • Moon Apogee
  • Solar Eclipse 90 Degree Date

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.

Nifty Harmonic Pattern

Alternate ABCD Pattern is forming with price can rally till 24500-24600 till holding 23800.

Nifty Gann Angles

Price is heading towards 1×1 gann angle at 24300-24400.

Planetary Cycles and Nifty Movements

Price is back towards Mercury Plannetary line Resistance zone.

Nifty Supply and Demand

Self Explanatory Chart

Nifty  Time Analysis Pressure Dates

08/12 July is the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Price is near its AF Resistance zone and made a fresh Life High.

 Nifty Monthly Charts

24444 is Monthly resistance  zone 23777 is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 24322

Nifty Resistance: 24402,24479,24557,24635

Nifty Support: 24244,24166,24088,24010,23932

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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