Lunar Node Ingress Explained: Impact on Bank Nifty | Weekly Analysis (13-17 Jan 2024)

By | January 12, 2025 12:15 pm

Upcoming Astrological Events: Market Volatility Ahead

The following astrological events are lined up for the upcoming week, indicating potential for sharp reversals and increased market momentum:

  1. Lunar Node Ingress
  2. Full Moon
  3. Sun Trine Uranus
  4. Sun Opposition Mars
  5. Jupiter Extreme Declination
  6. Bayer Rule 3:
    “Price tends to rise when the angle between Mars and Mercury is 161 degrees 21 minutes 18 seconds, with Mars being retrograde.”
  7. Bayer Rule 15:
    “Venus heliocentric latitude at extreme and least speeds often triggers major market moves.”

Traders’ Note:

These events suggest that the market could experience sharp reversals and heightened volatility. Combining astrological insights with technical analysis could help traders identify key opportunities during this period of potential turbulence.

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

ce can fall towards 48200/48000 to compelte PRZ Zone.

Bank Nifty Gann Angles

 

Price is back to its 3×4 gann angle support zone.

Bank Nifty Supply and Demand

Self Explanatory Chart

Bank Nifty Time Analysis Pressure Dates

13 Jan is the Important Gann/Astro Date for coming week.

Bank Nifty Weekly Chart

Price has given breakdown on weekly chart

Bank Nifty Monthly Charts

49677 is Monthly Resistance zone 48494 is Monthly Support zone. 

Bank Nifty Weekly Levels

Bank Nifty Trend Deciding Level: 48593

Bank Nifty Resistance: 48815,49038,49260,49483

Bank Nifty Support : 48370,48148,47926,47703

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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