Winter Solstice NIFTY 23-27 2024 December Weekly Forecast for Traders – Bramesh’s Technical Analysis
The following astrological events are lined up for the upcoming week, indicating the potential for heightened market volatility, especially after Friday’s wild move:
- “Bayer Rule 2: Trend changes within 3 days when the speed difference between Mars and Mercury is 59 minutes. Leads to Big Move “
- Sun Ingress
- Jupiter Square Saturn.
- Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes.
- Jupiter Saturn Aspect
These events suggest that the market could witness sharp reversals and increased momentum. Combining astrological insights with technical analysis can help traders identify key opportunities during this period of expected volatility.
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 is still near its PRZ zone holding 23500 can see big reversal.
Nifty Gann Angles
Price is back to its 1×2 gann angle support zone.
Nifty Supply and Demand
Self Explanatory Chart
Nifty Time Analysis Pressure Dates
23 December is the Important Gann/Astro Date for coming week.
Nifty Weekly Chart
Price has formed a Weekly Bearish Engulfing near important support zone,holding the same can see a big counter trend rally.
Nifty Monthly Charts
23977 is Monthly resistance zone 23146 is Support zone.
Nifty Weekly Levels
Nifty Trend Deciding Level: 23779
Nifty Resistance: 23850,23920,24048,24108,24225
Nifty Support: 23714,23666,23610,23555,23485
Levels mentioned are Nifty Spot
As always I wish you maximum health and trading success
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