Bank Nifty Price time Squaring worked perfectly as discussed in below video and BUlls are on tear and are back to 4×3 line of resistance as shown in below chart.For Swing traders bulls need a move above 38000 for a move towards 38183/38375/38567 .Bears will get active below 37798 for a move towards 37605/37413/37220. Moon Declination tommorow first 15 mins high and low will guide for the day.
Intraday time for reversal can be at 9:55/10:23/11:11/12:36/1:38/2:21 How to Find and Trade Intraday Reversal Times
Bank Nifty Aug Future Open Interest Volume is at 22.2 lakh with addition of 2.5 Lakh contract , with decrease in Cost of Carry suggesting Long positions were added today.
Jupiter Retrograde will end of 23 Novemeber so High 37414 and Low of 37028 will be valid till 23 November, Break of ANy side will lead to minimum 1008 points move.
Maximum Call open interest of 20 lakh contracts was seen at 38000 strike, which will act as a crucial resistance level and Maximum PUT open interest of 21 lakh contracts was seen at 37000 strike, which will act as a crucial Support level
MAX Pain is at 37500 and PCR @0.96. PCR below 0.93 and above 1.3 lead to trending moves, and in between leads to range bound markets.
In Trading The rules are not the problem; it is making the rules work for you that is the problem.