Nifty Predictions for 09-14 Dec 2024: Mars Retrograde in Action – Bramesh’s Technical Analysis
The following astrological events are lined up for the upcoming week, indicating a potential for heightened market volatility:
- Neptune Turning Direct
- Mars Retrograde
- Venus Ingress
- Bayer Rule 14: “Venus movements in geocentric longitude using a unit of 1°9’13”.”
- Bayer Rule 2: “Trend goes down within 3 days when the speed difference between Mars and Mercury is 59 minutes. Leads to Big Move.”
- Bayer Rule 27: “Big tops and major bottoms are formed when Mercury’s speed in geocentric longitude is 59 minutes or 1°58 minutes.”
- Venus Square Mercury HELIO
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
Price reacted from the PRZ zone of 24200 heading towards 25000-25251 zone.
Nifty Gann Angles
Price has closed above 3×4 gann angle support zone till above 3×4 zone heading towards its all time high of 26277.
Nifty Supply and Demand
Self Explanatory Chart
Nifty Time Analysis Pressure Dates
09 December is the Important Gann/Astro Date for coming week.
Nifty Weekly Chart
Price has formed a Weekly Bullish Engulfing above AF zone.
Nifty Monthly Charts
25251 is Monthly resistance zone 23977 is Support zone.
Nifty Weekly Levels
Nifty Trend Deciding Level: 24685
Nifty Resistance: 24763,24841,24919,24999,25075
Nifty Support: 24607,24529,24451,24373,24295
Levels mentioned are Nifty Spot
As always I wish you maximum health and trading success
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