Mars in Leo sign Impact on Bank Nifty

As Discussed in Last Analysis We got the big move as per expectation based on data and astro date, Now we are at crucial jucture as we have solar eclipse and also Mars change in sign on 11 June suggesting one big move can be seen as multiple astro dates are coming.We are forming a SHARK pattern in bank nifty with PRZ Zone around 34500 which can act as good reversal point. Break of 34500 will lead to a fast decline towards 34225/34000. Bulls got entry at 34874 did 2 targets on upside, As we have Mars going to Leo Zodiac which generally leads to Bearish move bears will get there chance below 35001 for a move towards 34855/34666/34423. Bulls will get active above 35170 for a move towards 35280/35444/35666.

Intraday time for reversal can be at 10:03/11:52/12:37/1:33/2:05 How to Find and Trade Intraday Reversal Times

Bank Nifty June Future Open Interest Volume is at 16.3 lakh with liqudiation of 1 Lakh, with increase in Cost of Carry suggesting SHORT positions were added today. Bank nifty Rollover cost @34885 closed above it.

35500 CE is having highest OI @16.6 Lakh resistance at 35500 followed 36000. 35000-36000 CE added 12.6 Lakh in OI so bears added position in the zone of 34500-35000.

34000 PE is having highest OI @18.3 Lakh, strong support at 34500 followed by 34000 .34000-35000 PE added 7 Lakh OI so bulls making support in the range of 34000-34500.

Bank Nifty Futures Trend Deciding level is 35081 (For Intraday Traders). BNF Trend Changer Level (Positional Traders) 35390 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .

Buy Above 35170 Tgt 35280, 35444 and 35666 (Bank Nifty Spot Levels)