Nifty Corrects as Astro Aspect Shows Effect

By | December 26, 2019 9:10 pm
  • As discussed in last analysis  As we have Sun Trine Uranus as discussed in below video suggesting we should see good move in market. Plan remains the same Bears have there chance below 12199 for a move back to 12125/12070/12025, Bulls can continue to rally towards 12351 above 12290. We saw the effect of Sun Trine Uranus as we broke 12199 we did low of 12118 near our target of 12125,Now waiting for the target of 12070/12025. Bulls will have chance only above 12190 for a move back to 12237/12293.

  • Total Future & Option trading volume at 25.46 Lakh core with total contract traded at 1.11 lakh , PCR @0.80
  • Nifty Jan Future Open Interest Volume is at 1.13 Lakh core with addition of 31 Lakh with decrease in cost of carry suggesting short position were added today, NF Rollover cost @12302 closed below it.
  • 12200 CE is having Highest OI at 15 Lakh, resistance at 12200 followed by 12300 .11800-12300 CE added 39 Lakh in OI so bears added position in range of 12300-12400.
  • 12000 PE OI@11.7 Lakhs having the highest OI strong support at 12000 followed by 11900 . 12000-12400 PE added 15 Lakh in OI so bulls added position in range 12000-12100.
  • FII’s sold 504 cores and DII’s bought 120 cores in cash segment.INR closed at 71.35

Buy Above 12156 Tgt 12173,12190 and 12225 (Nifty Spot Levels)

Sell Below 12118 Tgt 12100,12075 and 12055 (Nifty Spot Levels)

Category: astro nifty technicals

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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