Disclaimer: This is the highest probability forecast derived from an expert, multi-decade historical analysis of the provided astrological signatures and their direct correlation with market psychology and price action. This is not a guarantee. The market is influenced by numerous real-world factors, and all trading involves significant risk. This analysis is for informational and educational purposes only.
Theme for Bank Nifty: The Liquidity Reversal: Jupiter Retrograde Halts the Rally
The Bank Nifty is the lead domino that is set to fall this week. The entire narrative for this index is governed by its ruling planet, Jupiter, which stations retrograde on Tuesday. This is a direct astrological signal for a halt in expansion and a reversal in financial sector sentiment. The early-week rally attempt, however strong it may appear, is running on fumes and is a high-probability bull trap. The moment Jupiter stations retrograde, the liquidity tap is effectively turned off. Expect a sharp and decisive rejection at a key technical resistance level. The aggressive selling on Wednesday (Mercury-Mars conjunction) will see the Bank Nifty lead the entire market on the downside. The second half of the week is defined by a breakdown of key support levels as fears of a credit squeeze or tightening liquidity conditions (a classic Jupiter retrograde theme) take hold. The Bank Nifty will not just correct; it will be the primary driver of the market’s reversal.
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Bank Nifty Gann Angles
Bank Nifty is back to its 3×4 gann angle support.
Bank Nifty Harmonic
Bank Nifty Bears need to break 57392 and bull need a close above 58106
Bank Nifty Supply and Demand
Self Explanatory Chart
Bank Nifty Time Analysis Pressure Dates
Key Pivot Dates: Watch 12 Novemeber
Bank Nifty Weekly Chart
2 Grave Stone DOJI on Weekly Charts and now a Weekly DOJI JUpirter Retrograde will lead to range expansion.
Bank Nifty Monthly Charts
59375 is Monthly Resistance zone 56978 is Monthly Support zone.
Bank Nifty Weekly Levels
Bank Nifty Trend Deciding Level: 57851
Bank Nifty Resistance:58093,58335,58577,58729
Bank Nifty Support : 57610,57367,57125,56883,56641
Levels mentioned are Bank Nifty Spot
Learn More:
W.D. Gann Trading Strategies – Learn how to decode markets using price, time, and geometry.
Trading Using Financial Astrology – Discover how planetary motion impacts market behavior and how to trade it effectively.
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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.