Impact of RBI December 2024 Policy on Finance Nifty Trends: Weekly Forecast for Traders

By | December 1, 2024 9:00 pm

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.

Finance Nifty Harmonic Pattern

24300-24500 is the current PRZ Zone till holding 23666

Finance Nifty Gann Angles

Price is heading towards 1×1 gann angl @24500

Finance Nifty Supply and Demand

Self Explanatory Chart

Finance Nifty Time Analysis Pressure Dates

02/05 December is the Important Gann/Astro Date for coming week.

Finance  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.

Finance Nifty Monthly Charts

 

24470 is Monthly Resistance zone 23795 is Support zone.

Finance Nifty Weekly Levels

Finance Nifty Trend Deciding Level: 24082

Finance Nifty Resistance: 24235,24389,24541,24666

Finance Nifty Support: 23930,23777,23624,23472

Levels mentioned are Finance 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: Finance 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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