Bank Nifty 18-22 Nov 2024:Key Levels and Weekly Trading Strategy

By | November 18, 2024 9:03 am

Below are astro events coming in following week.Another Exciting and Voaltile Week coming ahead with Doji forming on Weekly Chart.

  • Saturn Direct
  • SUN Opposition Uranus
  • Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes.
  • Moon Cojunct Jupiter
  • Full Moon
  • Mercury Elogation
  • 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.

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.

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 holding 49600 Alternate AB=CD low can see a move towards 51000/51500.

Bank Nifty Gann Angles

Price just closed at its its 1×1 gann angle support zone.

Bank Nifty Supply and Demand

Self Explanatory Chart

Bank Nifty Time Analysis Pressure Dates

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

Bank Nifty Weekly Chart

Price has formed a Weekly Bearish pattern 

Bank Nifty Monthly Charts

51634 is Monthly Resistance zone 50500 is Monthly Support zone. 

Bank Nifty Weekly Levels

Bank Nifty Trend Deciding Level: 49993

Bank Nifty Resistance: 50220,50447,50673,50900

Bank Nifty Support: 49767,49540,49225,49000

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.

Trade smartly and safely.
Category: Bank Nifty 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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