Overview
Market sentiment for the upcoming week appears positive, supported by historical trends and astrological indicators. Data from the past 12 years suggests that markets have generally shown bullish behavior between April 30 and May 12, making this period seasonally favorable for upward movement.
However, traders should remain cautious of intraday reversals and volatility spikes, particularly mid-week.
Daily Market Predictions
4th May 2026 (Monday)
The market is expected to start on a bullish note, supported by a favorable D-9 conjunction.
Key Reversal Times: 10:00, 11:10, 12:10, 13:20
5th May 2026 (Tuesday)
A positive trend may continue, especially in the second half of the session.
Key Reversal Times: 11:00, 12:00, 13:10
6th May 2026 (Wednesday)
Expect high volatility. A mix of bearish signals and planetary influences could result in two-sided market movement (sharp ups and downs).
Key Reversal Times: 11:00, 13:10, 15:20
7th May 2026 (Thursday)
The bullish trend may resume or continue, supported again by favorable conjunctions.
Key Reversal Times: 11:00, 12:00, 13:10, 15:20
8th May 2026 (Friday)
Overall sentiment remains bullish, but traders should watch for late-session selling pressure.
Key Reversal Times: 10:50, 13:00, 14:30, 15:10
Key Astrological Events
- 8th May: Moon–Pluto conjunction (potential for emotional or sharp market moves)
- 16th May: Amavasya along with Moon–Mercury and Mercury–Uranus conjunctions (important for future trend shifts)
NIFTY 50 Levels (4th – 8th May 2026)
Intraday Support Zones
23967, 23907, 23817, 23697, 23517, 23247, 22947, 22587, 22137, 21657, 21117
Intraday Resistance Zones
24027, 24087, 24177, 24297, 24477, 24747, 25047, 25407, 25857, 26337, 26877
Expected Weekly Closing
23997
BANK NIFTY Levels (4th – 8th May 2026)
Intraday Support Zones
54833, 54773, 54683, 54563, 54383, 54113, 53813, 53453, 53003, 52523, 51983
Intraday Resistance Zones
54893, 54953, 55043, 55163, 55343, 55613, 55913, 56273, 56723, 57203, 57743
Wider Resistance Range
58373, 59033, 59753, 60563, 61403, 62303
Expected Weekly Closing
54863
Conclusion
The week is likely to remain bullish overall, with intermittent volatility—especially around mid-week and near closing sessions. Traders should:
- Use support and resistance levels for precise entries/exits
- Pay attention to intraday reversal timings
- Stay cautious during high volatility periods (6th May)
- Watch for profit booking on Friday
