Last Week Our Analysis Trend Change level was 52264 Bulls got stopped out and Bears were able to do 3 target on downside so average week for Chopad Followers
Coming week we have only 4 trading sessions as 17 Jul is trading Holiday on account of Moharram and important Mars Uranus cycle triggering in.
Mars Uranus cycle — This cycle lasts about two years or 702.2 Earth days, during which Mars returns to the same position relative to Uranus. This cycle fascinating because it’s believed to be associated with changes in energy, innovation, and sudden shifts in the stock market.
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
53200 is the current PRZ Zone for SHARK Pattern price has reacted from that Heading towards 51000 till below 52800.
Bank Nifty Gann Angles
Price has reacted from 3×4 gann angle resistance zone and continue to trade below it.
Planetary Cycles and Bank Nifty Movements
Price reacted from Jupiter Plannetary line Resistance zone
Bank Nifty Supply and Demand
Self Explanatory Chart
Bank Nifty Time Analysis Pressure Dates
15 July is the Important Gann/Astro Date for coming week.
Bank Nifty Weekly Chart
Pricehas formed Weekly Doji
Bank Nifty Monthly Charts
53200 is Monthly Resistance zone 51257 is Monthly Support zone.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level: 52202
Bank Nifty Resistance: 52433,52664,52895,53126
Bank Nifty Support: 51971,51740,51509,51225,51000
Levels mentioned are Bank 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.