SENSEX Forecast for 12-16 August 2024: Key Levels and Trading Strategy

By | August 12, 2024 9:17 am

Coming Week Market will react to hindenburg research report on SEBI chief which can lead to systematic problem in stock market and Mercury changing house and Bayer Rule 6: The price is in bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees and “RULE NO. 38 MERCURY LATITUDE HELIOCENTRIC Some mighty fine tops and bottoms are produced when Mercury in this motion passes the above mentioned degrees” so another week of volatile move can be seen.

15 Aug is trading holiday.

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.

SENSEX Harmonic Pattern

SHARK Pattern is forming with price can fall towards till 78000 till holding below 80000.

SENSEX Gann Angles

Price is heading towards 3×4  gann angle at 78000

SENSEX  Supply and Demand

Self Explanatory Chart

SENSEX  Time Analysis Pressure Dates

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

SENSEX  Weekly Chart

Price bounced from AF support zone

SENSEX Monthly Charts

82775 is Monthly resistance  zone 77937 is Support zone. 

SENSEX Weekly Chopad Levels

SENSEX Trend Deciding Level: 79634

SENSEX Resistance: 79349,79063,77729,77444

SENSEX Support: 79919,80204,80490,80775

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

Category: SENSEX 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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