Today Bank Nifty Prediction/Forecast, Trend, Technical Analysis

By | April 19, 2022 8:15 am

As discussed ib Last Analysis Tommrow we will have Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes. so first 15 mins high and low will decided the trend of the day. We are back to gann angle resistance zone as shown below more we touch resistance zone it will break, Bayers Rules worked perfectly On Wednesday we closed below first 15 mins low and yesterday we saw the big gap down. Now we have another important bayers rules as discussed in below video and also Sun Ingress combined with gann date suggesting another big move will be seen. For Swing Traders Bulls need to move above 36823 for a move towards 37014/37204/37395. Bears will have chance below 36632 for a move towards 36441/36225/36000.



Intraday time for reversal can be at 9:15/10:32/12:35/1:34/2:26 How to Find and Trade Intraday Reversal Times

Bank Nifty March  Future Open Interest Volume is at 22.2  lakh with liquidation of  0.44 Lakh contract , with increase in Cost of Carry suggesting  SHORT positions were closed today.

36641 important level to watch will give us 500-729 points move.

The Option Table data indicates decent support at 36500 and reasonable resistance at 37000. There is total OI of 2.62 Cores on the Call side and 1.38 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 37000 and PCR @0.89 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 37920 and bank nifty turned down.

A great trader is able to think clearly from start to finish, and while there may be some mild irritation (enduring pullbacks), minor impatience (if the position stagnates), or slight satisfaction (as the trade begins to work), they avoid letting those emotions drive their behavior. They truly do stick with their plan, making modifications to it not on a whim, but only when absolutely necessary.

For Positional Traders Trend Change Level is 37693 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 37658 will act as a Intraday Trend Change Level. 

Buy Above 36850 Tgt 36982, 37200 and 37400 (Bank Nifty Spot Levels)

Sell Below 36695 Tgt 36555, 36385 and 36225 (Bank Nifty Spot Levels)

As always I wish you maximum health and trading success

Category: Bank Nifty

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.

Leave a Reply