Union Budget 2024 Predictions: Weekly Forecast for Bank Nifty

By | July 21, 2024 10:08 pm

Last Week Our Analysis Trend Change level was  52202  Bulls  were able to do 3 target on upside so average week for Chopad Followers,Coming week we have Union Budget detailed analysis in below videos

Union Budget 2024: How Nifty has moved Past 28 Budget

Union Budget 2024 : How Bank Nifty has moved Past 21 Budget

 

Sun and Mars Ingress will lead to big move in Market in coming week.

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 Support zone

Bank Nifty Supply and Demand

Self Explanatory Chart

Bank Nifty Time Analysis Pressure Dates

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

Bank Nifty Weekly Chart

Pricehas formed Weekly Doji with NR7

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.

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.

Leave a Reply