Sun Conjunct Mercury: Nifty Predictions for 19-23 August 2024

By | August 19, 2024 7:56 am

As Discussed in Last Week Analysis NIFTY  Trend Deciding Level 24312 with Bayers Rule showing its impact.Coming week very crucial as discssed in below 2 videos.

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.

 

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

SHARK Pattern is forming with price can fall towards till 24000-23800 once below 24389.

Nifty Gann Angles

Price is heading towards 3×4  gann angle at 23800

Nifty Supply and Demand

Self Explanatory Chart

Nifty  Time Analysis Pressure Dates

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

Nifty Weekly Chart

Price formed a perfect hammer and higher high in weekly chart

Nifty Monthly Charts

24647 is Monthly resistance  zone 24295 is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 24603

Nifty Resistance: 24682,24761,24840,24919

Nifty Support: 24524,24444,24379,24300,24221

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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