There are 3 Major Aspect on Friday which Involved Finnacial Plannet Uranus and can lead to big move in market. Mercury Conjunct Uranus HELIO | Mercury Square Saturn HELIO | MOON Extreme Declination. Till we are holding Friday Low of 37405 Bulls have some chance. For Swing Traders Bulls need to move above 37733 for a move towards 37926/38119/38313. Bears will have chance below 37540 for a move towards 37346/37162/36967. We should see big move in bank nifty in next 2 trading session as we have been approaching gann angle and astro date.
Intraday time for reversal can be at 9:17/10:57/1:14/2:01/2:43 How to Find and Trade Intraday Reversal Times
Bank Nifty March Future Open Interest Volume is at 20.7 lakh with addition of 0.002 Lakh contract , with increase in Cost of Carry suggesting Long positions were added today.
The Option Table data indicates decent support at 37000 and reasonable resistance at 38000. There is total OI of 6.40 Cores on the Call side and 4.57 Cores on the Put side, So, the activity is more on the CALL side, indicating option writers are in BEARISH zone.
MAX Pain is at 37700 and PCR @0.9 Rollover cost @36128 closed above it and Rollover % @58.8 lowest in last 3 month.
06 April was Mars and Saturn Aspect ,High of 38759 and 37935 is valid for whole year Mark in on your charts and take trade on break of High and Low. — High made was 37941 and bank nifty turned down.
Reaching your trading potential is not simply adding more “setups” to your trading, writing more in a journal, or vowing ever-tighter “discipline” is the Key
For Positional Traders Trend Change Level is 37697 on Futures and go long and short above/below it That will help you stay on the side of Institutions and which has a greater risk-reward ratio. For Intraday Traders 37697 will act as a Intraday Trend Change Level.
3 aspects fri….15april ?
thx
yupp