Financial Astrology

Key Observations: 1. Elliott Wave Analysis The chart shows: A sharp decline initially, indicating an impulsive Wave 3 downtrend. A corrective Wave 4 recovery (consolidation phase with minor upward momentum). A subsequent downtrend and mild recovery near the close might indicate the beginning of a new cycle. If this is an impulsive wave, the last down move might be Wave 5 or preparing for a corrective move. 2. Fibonacci Levels Use Fibonacci retracement from the highest point (~23940) to the lowest point (~23660): 38.2%: ~23800 (support during consolidation). 50%: ~23810 (potential resistance). 61.8%: ~23830 (strong resistance). Extensions for bearish targets (below 23660): 127.2%: ~23620 161.8%: ~23580. 3. Gann Angles Gann angles aligned with support and resistance zones: Immediate resistance: 23840 (aligned with Fibonacci 61.8% retracement). Immediate support: 23780 (aligned with trendline and pivot). 4. Pivot Points Pivot calculations: Pivot (...

1. Elliott Wave Analysis Identify potential impulsive (5-wave) or corrective (3-wave) patterns: The steep fall in the middle suggests a Wave 3 downtrend (impulse wave). A subsequent recovery and consolidation near the center indicate a corrective Wave 4. The chart's final consolidation might represent the beginning of a new trend. 2. Fibonacci Levels Measure Fibonacci retracements from the highest point (near 51800) to the lowest point of the decline: Key retracement levels: 38.2%: ~51450 (initial resistance during the recovery). 50%: ~51550 (strong resistance if prices retrace further). 61.8%: ~51680 (a major breakout point for further upward movement). Extensions can be applied for targets: 127.2% and 161.8% from the current corrective low. 3. Gann Angle Use key support points (such as 51200) and observe price action to align angles. A break above 51400 suggests bullish momentum. Immediate support lies at 51200 , with stronger support below at 510...

 Here is a detailed analysis based on the provided Nifty 50 daily chart: 1. Elliott Wave Analysis The chart seems to be in a corrective phase after a previous upward impulsive move. Based on the current structure: It might be in a Wave C of an ABC correction. Expect further downside before resuming an upward trend. Wave C often extends near 1.618 of Wave A (Fibonacci extension). 2. Fibonacci Retracement Levels Using the peak and the recent low: Resistance levels: 23.6% (around 24065) and 38.2% (around 24500). Support levels: Current price of 23587 aligns with 61.8% retracement, a crucial level. A breakdown might take it towards 78.6% (approximately 23150). 3. W.D. Gann Analysis The breakdown from a recent resistance near 24800 indicates a bearish bias. Major support aligns near 23500 (psychological level and past consolidation). For Gann angles: The current move might test lower levels unless the price breaks back above the 24000 range. 4. Key ...

 To provide a comprehensive analysis of the Bank Nifty daily chart using methods like Elliott Wave Theory , Fibonacci Retracement , W.D. Gann principles , and technical levels (support, resistance, entry, stop-loss, and target), I'll need to extract key data points from the chart. Since I can't interact with the chart directly, I'll analyze it based on visible trends and patterns. Here's the breakdown: 1. Elliott Wave Analysis Current Wave Structure : Bank Nifty appears to be in a corrective wave phase (likely Wave 4 or an ABC correction). The last impulse wave seems to have completed near the highs (~54,000). The recent downward move suggests a corrective structure. Next Week's Expected Move : If Wave 4 is completing, we may see a potential Wave 5 impulse upward, targeting the previous high or beyond. If the correction extends (ABC pattern), the index may test lower support levels. 2. Fibonacci Retracement Using the recent high (~54,000) and ...

Phase 1: Foundations of Vedic Astrology Before diving into KP astrology, you need to understand the basics of Vedic astrology, as KP is a derivative system. Learn the Basics : Zodiac Signs : Characteristics of 12 signs (Aries to Pisces). Houses : Significance of 12 houses in astrology. Planets : Roles and attributes of 9 planets (Sun, Moon, Mars, Mercury, Jupiter, Venus, Saturn, Rahu, Ketu). Aspects : How planets influence each other through drishti (aspect). Nakshatras : The 27 lunar constellations and their traits. Familiarize with Astrology Tools : Learn how to draw and read a basic birth chart (D1 or Rashi chart). Understand the Panchanga (five limbs of astrology) and their influence. Study Basic Principles : Study planetary combinations (yogas). Learn how to identify planetary strengths (exaltation, debilitation, combustion, retrogression). Phase 2: Introduction to KP Astrology Once you have a strong foundation, start learning KP-specific techniques. Und...

Lakshman Rekhha for Dec'24 Series Banknifty - 52,574 Nifty - 24,231 Above values is Futures rate. For the entire December series, futures price trading above this level is bullish and trading below this level is bearish.

     Nifty - 24,125 - Bullish Banknifty - 52,123 - Bearish Fin Nifty - 24,045 - Bearish Reliance - 12,90 - Bullish ICICIBank - 1,299 - Bullish HDFCBank - 1,797 - Bearish IndusInd Bank - 999 Bearish BitCoin - 96,566 - Bullish Etherium - 3,552 - Bullish If Nifty and Banknifty are showing same view, then expect a high probability for that view.  If both are showing different view, then one of the index will join the other and then take that view. Above PoC Level is Bullish and below PoC Level is Bearish. PoC level to be followed very strictly / considered as SL