Nifty 21-25 October 2024:Key Levels and Weekly Trading Strategy

By | October 20, 2024 6:15 pm

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.

 

Nifty Harmonic Pattern

26656 is PRZ zone of  the Gartley  pattern holding the same Rally till 25200/25454

Nifty Gann Angles

Price is back to its 3×4 gann angle support zone.

Nifty Supply and Demand

Self Explanatory Chart

Nifty  Time Analysis Pressure Dates

22 October is the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Price has broken  below its AF support zone formed another DOJI at 21 WEMA as Support.

Nifty Monthly Charts

25613 is Monthly resistance  zone 24656 is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 24881 

Nifty Resistance: 24959,25037,25116,25194,25263,25343

Nifty Support: 24802,24729,24646,24565

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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