Maharashtra Election 2024 : Bank Nifty 25-29 Nov 2024 Key Levels and Weekly Trading Strategy – Bramesh’s Technical Analysis
Below are astro events coming in following week. Maharashtra Election 2024 with BJP winning with clean majority can lead to big gap opening but will it sustain we will dicuss below.
- Mercury Retrograde
- SUN Trine North Node
- Venus YOD Jupiter
- Mars Decliantion
- Moon Declination
- Uranus 72 Saturn
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 49600 Alternate AB=CD low can see a move towards 52000/52500.
Bank Nifty Gann Angles
Price just closed at its its 1×1 gann angle support zone.
Bank Nifty Supply and Demand
Self Explanatory Chart
Bank Nifty Time Analysis Pressure Dates
26 November is the Important Gann/Astro Date for coming week.
Bank Nifty Weekly Chart
Price has formed a Weekly hammer pattern
Bank Nifty Monthly Charts
53075 is Monthly Resistance zone 51634 is Monthly Support zone.
Bank Nifty Weekly Levels
Bank Nifty Trend Deciding Level: 51856
Bank Nifty Resistance: 52081,52306,52555,52729
Bank Nifty Support: 51632,51407,51182,50957
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.
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