The following astrological events are lined up for the upcoming week, indicating the potential for heightened market volatility, especially after Friday’s wild move:
- “Bayer Rule 2: Trend changes within 3 days when the speed difference between Mars and Mercury is 59 minutes. Leads to Big Move “
- Sun Ingress
- Jupiter Square Saturn.
- 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.
- Jupiter Saturn Aspect
These events suggest that the market could witness sharp reversals and increased momentum. Combining astrological insights with technical analysis can help traders identify key opportunities during this period of expected volatility.
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 is still near its PRZ zone holding 50729 can see big reversal.Nifty Gann Angles
Bank Nifty Gann Angles
Price is back to its 1×1 gann angle support zone.
Bank Nifty Supply and Demand
Self Explanatory Chart
Bank Nifty Time Analysis Pressure Dates
21 December is the Important Gann/Astro Date for coming week.
Bank Nifty Weekly Chart
Price has formed a Weekly Bearish Engulfing near important support zone,holding the same can see a big counter trend rally.
Bank Nifty Monthly Charts
51543 is Monthly Resistance zone 52729 is Monthly Support zone.
Bank Nifty Weekly Levels
Bank Nifty Trend Deciding Level: 51000
Bank Nifty Resistance: 51225,51555,51729,52050,52343
Bank Nifty Support : 50729,50555,50220,51900
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.
Gann/Astro date for coming week is 21st December or 23rd December?