The following astrological events are lined up for the upcoming week, indicating a potential for heightened market volatility:
- Neptune Turning Direct
- Mars Retrograde
- Venus Ingress
- Bayer Rule 14: “Venus movements in geocentric longitude using a unit of 1°9’13”.”
- Bayer Rule 2: “Trend goes down within 3 days when the speed difference between Mars and Mercury is 59 minutes. Leads to Big Move.”
- Bayer Rule 27: “Big tops and major bottoms are formed when Mercury’s speed in geocentric longitude is 59 minutes or 1°58 minutes.”
- Venus Square Mercury HELIO
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 52500 Alternate AB=CD low can see a move towards 54000/54500.
Bank Nifty Gann Angles
Price just closed above its its 1×1 gann angle resistance zone.
Bank Nifty Supply and Demand
Self Explanatory Chart
Bank Nifty Time Analysis Pressure Dates
09 December is the Important Gann/Astro Date for coming week.
Bank Nifty Weekly Chart
Price has formed a Weekly Bullish Engulfing above AF zone.
Bank Nifty Monthly Charts
54500 is Monthly Resistance zone 53281 is Monthly Support zone.
Bank Nifty Weekly Levels
Bank Nifty Trend Deciding Level: 53540
Bank Nifty Resistance: 5376953999,54229,54459,54689
Bank Nifty Support: 53310,53080,52850,52555,52250
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.