NIFTY Weekly Projections for 18 June – 21 June 2024 – Bramesh’s Technical Analysis

Last Week Our Analysis Trend Change level was    23290 Bears were able to do 1 target on downside and Bulls were able to do 2 target on upside.

Coming week we have First Double Ingress of 2024 as discussed in below video and other important Astro events as disccused below which can lead to Big move in Nifty

• Mercury Ingress
• Venus Ingress
• Sun Ingress
• Venus Conjunct Mercury
• Mercury Yod Venus
• Mercury Square Neptune
• “Bayer Rule 14: VENUS MOVEMENTS IN GEOCENTRIC LONGITUDE USING A UNIT OF 1*9’13””
• “Bayer Rule 21 (variation C):Strong moves within 5-8 days are when retrograde Venus makes a conjunction with retrograde Mercury. “
• Mercury Extreme Declination
• FULL MOON
• Summer Solstice
• 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

NO Valid Harmonic Pattern Observed.

Nifty Gann Angles

Price continue to close above its 3×4 Gann Angle strong support at 23200.

Planetary Cycles and Nifty Movements

Price is back towards Mercury Plannetary line Resistance zone.

Nifty Supply and Demand

Self Explanatory Chart

Nifty  Time Analysis Pressure Dates

18/21 June is the Important Gann/Astro Date for coming week.

Nifty Weekly Chart

Price has closed above it AF support zone and made a fresh Life High.

 Nifty Monthly Charts

23777 is Monthly resistance  zone 23150 is Support zone. 

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level: 23511

Nifty Resistance: 23587,23663,23739,23816

Nifty Support: 23435,23359,23282,23206,23108,23000

Levels mentioned are Nifty Spot

As always I wish you maximum health and trading success

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