Nifty Rallies on Bayers Date

By | September 19, 2022 9:00 pm

FII bought 12.9 K  contract of Index Future worth 1173 cores, Net OI has decreased by 7.9 K contract 2.4 K Long contract were added by FII and 10.4 K Shorts were covered  by FII. Net FII Long Short ratio at 0.46 so FII used rise to enter long and exit short in Index Futures.

Nifty  once first 15 mins high was broken we got a good trend on upside based on astro date, 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..
Till today low is held Bulls have upper hand.
Tommrow MERCURY EARTH MIN distance suggesting we will see out performance in Nifty as compared to Bank NIfty.
For Swing Traders Bulls will get active above 17627 for a move towards 17693/17759/17825/17891. Bears will get active below 17555 for a move towards 17486/17419/17352.

 

 

Intraday time for reversal can be at  9:20/10:08/11:05/12:49/1:20/2:44 How to Find and Trade Intraday Reversal Times

MAX Pain is at 17700 PCR at 0.81 PCR below 0.78 and above 1.3 lead to trending moves, and in between leads to range bound markets.

Maximum Call open interest of 32 lakh contracts was seen at 17800 strike, which will act as a crucial resistance level and Maximum PUT open interest of 25 lakh contracts was seen at 17400 strike, which will act as a crucial Support level

Nifty Sep Future Open Interest Volume is at 1.10 Cores with liquidation of 5.3 Lakh with increase in cost of carry suggesting Long positions were closed today.

Nifty rollover cost @ 17655 and Rollover @76.6 % Closed above the rollover level suggesting bias is Bullish

FII’s bought 312 cores and DII’s sold 94 cores in cash segment.INR closed at 79.81 

Retailers have bought 22.5 K CE contracts and 73 K CE contracts were shorted by them on Put Side Retailers bought 540 K PE contracts and 425 K PE shorted contracts were added by them suggesting having Bearish outlook.

FII sold 65.1 K CE contracts and 60 K shorted CE were covered by them, On Put side FII’s sold 1.9  K PE and 33.5 K PE were shorted by them suggesting they have a turned to neutral Bias.

#NIFTY50 READY for another 500 points move as per musical octave 18595 – 18058 -17551 take the side and ride the move !!

You can’t try to be a disciplined trader. You must be a disciplined person to be a disciplined trader. Trading is a reflection of your personal Life. A Trader cannot become a profitable trader until he becomes a more disciplined person.

Positional Traders Trend Change Level is 17735 on Futures 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. Intraday Traders 17617 will act as a Intraday Trend Change Level.

Intraday Trading Levels

Buy Above 17636 Tgt 17666, 17699 and 17729 (Nifty Spot Levels)

Sell Below 17595 Tgt 17560, 17525 and 17499 (Nifty Spot Levels)

As always I wish you maximum health and trading success

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