Below are Astro Events coming in following week. 22 Oct Is very important date and we have seen potential gann price time squaring on Friday.
- Sun Ingress in Scorpio –lead to some notable market sell-offs or some notable rallies
- Mercury Sun Maximum Distance
- Bayer Rule 31: The trend changes when Venus in declination reached an extreme beyond 23 degrees 26 minutes 51 seconds.
- Bayer Rule 30: The trend changes when Venus in declination passes the extreme declination of the Sun.
- Bayer Rule 9: Big changes on market are when Mercury passes over 19 degrees 36 minutes of Scorpio and Sagittarius,also over 24 degrees 14 minutes of Capricorn.
- Venus Trine North Node
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
Price has bounced from C point of ABCD pattern.
Bank Nifty Gann Angles
Price has bounced from its 1×2 gann angle support zone and formed outside bar pattern.
Bank Nifty Supply and Demand
Self Explanatory Chart
Bank Nifty Time Analysis Pressure Dates
22 October is the Important Gann/Astro Date for coming week.
Bank Nifty Weekly Chart
Price has formed an higher high and closed above previous week DOJI high, suggesting strength of weekly chart.
Bank Nifty Monthly Charts
52604 is Monthly Resistance zone 50742 is Monthly Support zone.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level: 52153
Bank Nifty Resistance: 52380,52608,52835,53063
Bank Nifty Support: 51926,51698,51444,51225,51000
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.