NIFTY Weekly Analysis 13 May-17 May 2024 - Beragampengetahuan

Last Week Our Analysis Trend Change level was 22492 Bears were able to do all target on dowside.

Coming week we have again a combination of Astro and Gann Date Confluence so another volatile week is coming.

SUN Conjunct Uranus
Mercury Ingress
Mercury Conjuct Venus Helio
Mercury Square Pluto
Gann Embelem Date

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.

Nifty Harmonic Pattern

Contents

Price has corrected from PRZ zone of 22700 and closed below 22527.

Nifty Gann Angles

Price has unable to close above its 3×4 Gann Angle suggesting trend is Sell on Rise till we close above 22527.

Planetary Cycles and Nifty Movements

Price has reacted from Mercury Plannetary line resistance zone.

Nifty Supply and Demand

Self Explanatory Chart

Nifty Time Analysis Pressure Dates

06/09 May is the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Price has formed Weekly DOJI.

Nifty Monthly Charts

22775 is Monthly Resistnace zone 22388 is Support zone.

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 22009

Nifty Resistance: 22083,22158,22233,22307,22385

Nifty Support: 21934,21859,21785,21710

Levels mentioned are Nifty Spot

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