Mars in Leo sign Impact on Nifty

By | June 11, 2021 12:40 am
  • FII sold 8.3 K contract of Index Future worth 944 cores, Net OI has increased by 827  contract 4.5 K Long contract were covered by FII and 3.7 K Shorts were added by FII. Net FII Long Short ratio at 1.6  so FII used rise to exit longs and enter shorts so longs were booked and small shorts entered in the system
  • As Discussed in Last Analysis 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. Now Bulls need to move above 15699 for a move back to 15763/15854/15950. Bears will get active below 15610 for a move towards 15534/15485/15434. Bulls got entry at 15699 and now wating for target of 15763/15854/15950 till we are able to hold 15699. As we have Mars going to Leo Zodiac which generally leads to Bearish move, but price need to confirm the Bias so once Bears  below 15670 we can see a quick move towards 15610/15571/15512.
  • Total Future & Option trading volume at 83 Lakh core with total contract traded 0.91 lakh , PCR @0.92
  • Nifty June Future Open Interest Volume is at 1.12 Cores with addition of 0.6 Lakh with decrease in cost of carry suggesting LONG position were closed today, NF Rollover cost @15296 closed above it. 
  • 15800 CE is having Highest OI at 12 Lakh, resistance at 15800 followed by 15900. 15700-15900 CE added 14 Lakh in OI so bears added in range of 15700-15800.
  • 15600 PE OI@12 Lakhs having the highest OI strong support at 15600 followed by 15500. 15500-15600 PE added 12  Lakh in OI so bulls addded position in range 15500-15600
  • FII’s bought 1329 cores and DII’s sold 575 cores in cash segment.INR closed at 73.20

Buy Above 15751  Tgt 15776,15800 and 15843(Nifty Spot Levels)

Sell Below 15696 Tgt 15673, 15640 and 15610(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.

One thought on “Mars in Leo sign Impact on Nifty

  1. rangarajan

    Dear Mr.Brahmesh Ji,
    You say in this writeup that Mars going into Leo generally bearish move. But I followed your video of Moon cycles and took trades and it is working. I am now confuse whether to follow your above or which one. thanks.


Leave a Reply