Below are Astro Events coming in following week. We have trading holiday in coming week.
- Sun Conjunct Mercury — Key Turning Point and Impornt for currencies
- Mercury Declination- Very Important Astro event
- Mars Trine Saturn–Bearish/Imp for Currencies
- Bayer Rule 6: The price is in bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees.
- “Bayer Rule 33: Moves are when Mars in Geocentric longitude passes over 16 degrees 55 minutes 46 seconds. “
- Solar Eclipse
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
ABCD pattern is activated with price heading toward 55555 till holding 53000.
Bank Nifty Gann Angles
Price has formed a reversal pattern on daily and need a close below 53729 else we will see a rally back to all time high.
Bank Nifty Supply and Demand
Self Explanatory Chart
Bank Nifty Time Analysis Pressure Dates
03 October is the Important Gann/Astro Date for coming week.
Bank Nifty Weekly Chart
Price has formed weekly gravestone doji after big move 1 week before.
Bank Nifty Monthly Charts
54489 is Monthly Resistance zone 53187 is Monthly Support zone.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level: 53729
Bank Nifty Resistance: 53958,54189,54419,54649
Bank Nifty Support: 53498,53267,53037,52729,52555
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.