Financial Astrology

  Disclaimer:  This analysis is for educational and informational purposes only. It is not financial advice. Trading in financial markets involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions. Important Preliminary Disclaimer Intraday price movements are extremely volatile and subject to high degrees of randomness ("noise"), news events, and opening gaps. The following models are purely mathematical and based on the recent historical 5-minute price data. They are excellent for identifying micro-trends and momentum but are incapable of predicting overnight news or opening gaps . The predictions below assume a continuous market and should be interpreted as the likely initial trajectory at the market open, not as a guaranteed price level. They are for educational purposes and are not financial advice. Intraday Chart Analysis & Data Preparation A visual inspection of the 5-minute chart reveals a clear stor...

  Disclaimer:  This analysis is for educational and informational purposes only. It is not financial advice. Trading in financial markets involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions. Executive Summary & 1-Week Trend Prediction Based on the daily chart, Bank Nifty has exhibited strong signs of a bearish reversal after forming a potential double top pattern near its all-time highs. The large bearish candle on the last trading day indicates aggressive selling pressure and a breakdown from a consolidation range. Prediction for the Next 1 Week: The trend for the next week is likely to be bearish to sideways-with-a-bearish-bias . The immediate path of least resistance appears to be downwards. The index is currently testing a critical support level around 56,000 . A decisive break below this level would accelerate the downward momentum, targeting 55,000 and 54,200. Any upward bounce is likely to face...