Weekly Market Summary - Ending 29th May 26
Weekly Market Summary
Nifty was unable to sustain at higher levels, as highlighted in our previous blogs, and failed to hold above the important Gann levels. After an entire week of consolidation, the market witnessed a sharp shake-off on 29 May 2026, confirming the weakness that had been building during the consolidation phase.
The key level to watch going forward is 23,300. Price action around this zone will be crucial in determining the market's next move.
We also have several important astro dates coming up, which will be worth monitoring throughout the month. The next major trigger is Panchak, scheduled from 6 June to 11 June.
Stay tuned—Panchak levels will be updated once the current period is complete. During the previous Panchak cycle, the levels were shared well in advance, and the market experienced a shake-off precisely at those levels.
The levels from the last Panchak period are provided below for reference and back-testing purposes.
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Please note this not a trading recommendation. We follow time cycle and financial astrology and teach how to predict and trade the market based on time cycle theory.
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