Bank Nifty Weekly Expiry Analysis

As Discussed in Last Analysis Bayers date showed the perfect move as discussed in below video. When 2-3 Astro Event combined we tend to get big move in market. Now Bulls need to move above 30900 for a move back to 31100/31333/31555. Bears below 30666 can see quick move towards 30520/30308/30100.Bulls were able to do all target on upside above 30900, Now as we will see a gap up open tommrow Bulls need to hold 32001 for a move towards 32354/32666/32999. Bears below 31880 can see quick fall towards 31615/31460/31304/31150. Tommrow first 15 mins High and low will decide the trend for the day as we have important moon astro date today.

Intraday time for reversal can be at 9:15/10:40/11:22/12:21/1:33/2:31 How to Find and Trade Intraday Reversal Times

Bank Nifty April Future Open Interest Volume is at 16.8 lakh with liquidation of 1.3 Lakh, with decrease in Cost of Carry suggesting SHORT positions were closed today. Bank nifty Rollover cost @33759 closed below it.

323000 CE is having highest OI @19.1 Lakh resistance at 32300 followed 32500.32000-33000 CE added 27.2 Lakh in OI so bears added position in the zone of 31000-31500.

31500 PE is having highest OI @25.3 Lakh, strong support at 31500 followed by 32000 .31000-32000 PE added 18.3 Lakh OI so bulls making support in the range of 31300-31500.

Bank Nifty Futures Trend Deciding level is 314646 (For Intraday Traders). BNF Trend Changer Level (Positional Traders) 32941 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .

Buy Above 32001 Tgt 32101,32225 and 32385 (Bank Nifty Spot Levels)