Weekly Analysis in Quick Glance
Week: 15-06-2026 to 19-06-2026
First of all, you may check that Nifty's low was made almost exactly in the 23070 area, while we had exclusively shared the 23100–23050 support zone. Throughout the week
We had also shared 10th June as an important date, and with just a one-day delay, the low was formed. The same worked in Silver, where we highlighted the $64 zone with a stop loss below $58, and the market respected those levels.
Throughout the week, we repeatedly maintained that Bank Nifty remains very bullish above 53600, and the market validated that view.
You may also check BTC, Crude, Gold, and Silver—all worked remarkably well according to the levels and views shared.
We are also receiving a very encouraging response towards our paid subscriptions and learning programs. This is possible because of your continued observation, trust, and support.
About This Week:-
We had already explained the influence of Rahu and Uranus aspects, which is one of the reasons behind the heightened volatility and news-driven moves in the market. We also discussed how the Jupiter–Venus conjunction could provide some relief after the recent turbulence.
Overall, I remain positive on the markets. There are several supportive planetary combinations developing between Uranus, Neptune, Venus, and Jupiter, which may bring more constructive developments and positive sentiment in the coming days.
The Banking and Financial sector should continue to remain strong. Remember, on 2nd June, we specifically highlighted that Bank Nifty was preparing for an upward move.
For me, it remains a Buy on Dips market as long as the recent lows hold. However, expect a zig-zag structure and volatility during the process.
We also have a New Moon, which may bring additional clarity and directional movement.
On the upside, the 55000–55300 zone remains important. A decisive close above this area would further strengthen the bullish structure.
Nifty & Bank Nifty:-
Nifty respected the support zone shared last week. In fact, throughout the month we maintained that 23100–23300 would act as an important support zone, and 22970 should hold.
This view was shared during the first week of June. Even when Nifty was trading around 24000 on 26th May, we had already anticipated a dip before the next major move.
At present, I expect the lows made last week to hold. Only a break below 22970 would open the door for further downside.
For Bank Nifty, we highlighted 2nd June as an important date and repeatedly asked everyone to watch the 53600 spot zone throughout last week.
The index eventually moved close to 57000 spot, and I continue to expect the rally to extend further. The preferred strategy remains Buy on Dips.
#BTC (Bitcoin)
Bitcoin respected the 58000 USD support zone.
The structure remains constructive above 66000 USD, though I remain cautious until we get a sustained breakout above that level.
My preferred approach is Buy on Dips near 58000 USD, with a stop loss below 55000 USD.
If accumulated on declines, July could potentially offer attractive returns.
#Gold
Gold temporarily breached the 4250–4200 USD support zone, which we were expecting to hold.
Despite that, my broader view remains bullish.
In MCX, sustained trading above 150000 would be constructive, while in COMEX a sustained move above 4250 USD would improve the outlook significantly.
#silverprice
Silver worked exactly as discussed, respecting the 64 USD zone with a stop loss below 58 USD on the specified date.
I continue to expect strength in the coming weeks.
Every meaningful dip should be viewed as a buying opportunity.
In MCX, the 235000 zone remains an attractive accumulation area, with long-term targets towards 275000 .
#Crude Oil
Crude continues to respect the range we have been sharing for the last two months.
As long as it remains below 77 USD, caution is warranted.
The 84–81 USD zone continues to act as important support, while 97–100 USD remains a significant resistance area.
These levels worked effectively during the previous week and remain important for the coming sessions.
Trade Safe. Follow Price, Time & Cycles
#niftyfifty #FinancialAstrology #Gann #banknifty #crude #prediction