05 Aug- 09 Aug 2024: FINANCE NIFTY Weekly Predictions

By | August 4, 2024 12:13 pm

FINANCE NIFTY formed a weekly doji  with inside bar suggesting range contraction, Coming week Mercury is going Retrograde and Venus in Virgo Zodiac both being inner plannet can lead to big move.

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.

Finance Nifty Harmonic Pattern

23600 is the current PRZ Zone for CYPHER Pattern price has reacted from that Heading towards 22983/22547 till below 23600.

Finance Nifty Gann Angles

Price has reacted from its 2×1 gann angle resistane zone.

Finance Nifty Supply and Demand

Self Explanatory Chart

Finance Nifty Time Analysis Pressure Dates

05/08 August  is the Important Gann/Astro Date for coming week.

Finance  Nifty Weekly Chart

Price unable to close above its Weekly AF resistance zone formed weekly doji.

Finance Nifty Monthly Charts

 

23600 is Monthly Resistance zone 22836 is Support zone.

Finance Nifty Weekly Chopad Levels

Finance Nifty Trend Deciding Level: 23283

Finance Nifty Resistance: 23375,23452,23529,23606

Finance Nifty Support: 23207,23130,23053,22940

Levels mentioned are Finance 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: Finance 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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