Below are astro events coming in following week. The upcoming week will be very crucial, as markets will react to key economic data and events GDP Numbers Auto Sales Data and RBI Policy Announcement.
- New Moon
- Gann Embelem Date
- Bayer Rule 31: The trend changes when Venus in declination reached an extreme beyond 23 degrees 26 minutes 51 seconds.
- 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.
- SUN Square Saturn
- Mercury Opposition Jupiter
- Bayer Rule 22: The trend changes if retrograde Mercury passes over the Sun. Sun Conjuct Rx Mer
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 51500 Alternate AB=CD low can see a move towards 52500/53500.
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
02/05 December is the Important Gann/Astro Date for coming week.
Bank Nifty Weekly Chart
Price has formed a Weekly DOJI suggesting pause in current uptrend and trend can resume from next week once above last week high.
Bank Nifty Monthly Charts
53075 is Monthly Resistance zone 51634 is Monthly Support zone.
Bank Nifty Weekly Levels
Bank Nifty Trend Deciding Level: 52229
Bank Nifty Resistance: 52456,52684,52911,53139
Bank Nifty Support: 52071,51841,51611,51382
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.