Will Venus Conjunct Uranus HELIO Aspect Lead to Rally in Bank Nifty ?

By | July 12, 2022 11:52 pm

As Discussed in Last Analysis   Tommrow we have Moon Declination so watch out first 15 mins High and Low to take trade. Mercury/Jupiter  has big impact on Bank Nifty also tommrow we have Mercury Square Jupiter HELIO aspect. Bulls need to close above 35567 now waiting for target of 1635755/35942/36129. Bears will get active below 35325 for a move towards 35166/34977/34789. As Discussed in below video we have Venus Conjunct Uranus HELIO Aspect and Lunar Cycle so we can see good upmove tommrow. Bulls need to close above 35225 now waiting for target of 35380/35567/35755. Bears will get active below 34977 for a move towards 34789/34600.


Intraday time for reversal can be at 9:20/10:45/11:41/12:44/1:46/2:43   How to Find and Trade Intraday Reversal Times

Bank Nifty May Future Open Interest Volume is at 22.5 lakh with addition of 2.3 Lakh contract , with increase in Cost of Carry suggesting  Long positions were closed today.

Bank Nifty rollover cost @ 33655  and Rollover @80.2 % Closed above it.

Range of 35325-35358 should be watched closely. Its Make or break level for 1000 points Move in Bank Nifty.

Above 35550 we can see move towards 35958.

Maximum Call open interest of 28 lakh contracts was seen at 35500 strike, which will act as a crucial resistance level and Maximum PUT open interest of 33 lakh contracts was seen at 35000 strike, which will act as a crucial Support level

MAX Pain is at 35000 and PCR @1.06 . PCR below 0.93 and above 1.3 lead to trending moves, and in between leads to range bound markets.

THE GREATEST WEAKNESS I can give you the best rules in the world and the best methods to trade,still you can lose money on account of the human element, which is your greatest weakens

For Positional Traders Trend Change Level is 34427 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 35311 will act as a Intraday Trend Change Level. 

Buy Above 35225 Tgt 35350, 35550 and 35729 (Bank Nifty Spot Levels)

Sell Below 35100 Tgt 34980, 34827 and 34610 (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.

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