Bayers Date Impact : Nifty Heading towards 18400

By | November 12, 2022 7:54 pm

FII bought 30.9  K contract of Index Future worth  2981 cores, Net OI has increased by 2 K contract 16.4 K Long contract were added by FII and 14.4 K Shorts were covered by FII. Net FII Long Short ratio at 1.65 so FII used rise to enter long and exit  short in Index Futures. As FII have added short today and tommrow if we sustain above first 15 mins High FII’s will rush for cover.

Above 15 Mins High Nifty moved towards day high.

Nifty just closed above 18022 Mars Reteograde level and also we closed above the TC level. 

Range of 18555-18595 is crucial supply zone as per gann angle, should be used to lighten up longs.

Nifty has also closed at 18350 which is Jan 2022 high and also closed above Astro date and waiting for higher target of 18417/18484/18550, Till Nifty is above 18225 Bulls have upper hand.

Nifty Swing Trade Plan based on Astro Date High and Low is as below.

For Swing Traders Bulls will get active above 18305 for a move towards 18417/18484/18550. Bears will get active below 18107 for a move towards 17996/17928/17862, Swing Shorts were not intiated due to gap down, 


Intraday time for reversal can be at 9:18/9:54/11:21/12:31/2:39  How to Find and Trade Intraday Reversal Times

MAX Pain is at 18400 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 22 lakh contracts was seen at 18500 strike, which will act as a crucial resistance level and Maximum PUT open interest of 35 lakh contracts was seen at 18100 strike, which will act as a crucial Support level

Nifty Nov Future Open Interest Volume is at  1.23 Cr with addition of 1.95 Lakh with increase in cost of carry suggesting Long positions were added today.

Bayer Rule 9: Big changes on market are when Mercury passes over 19 degrees 36 minutes of Scorpio and Sagittarius,also over 24 degrees 14 minutes of Capricorn. Expect Good Move in Nifty as this rule becomes active.

Retailers have bought 538 K CE contracts and 600 K CE contracts were shorted by them on Put Side Retailers bought 124 K PE contracts and 105 K PE shorted contracts were added by them suggesting having BEARISH outlook.

FII bought 129 K CE contracts and 85 K CE were shorted by them, On Put side FII’s bought 101 K PE and 116 K PE were shorted by them suggesting they have a turned to neutral Bias.

FII’s bought 3958 cores and DII’s bought 615 cores in cash segment.INR closed at 81.46

#NIFTY50  as per musical octave trading path can be 17551-18058-18595  take the side and ride the move !! 2 days in a row closed above 18058

During this phase of the rule-finding and the clean implementation of your Trading system you are faced with mental conflicts. That’s the hardest part of the Trading education to resolve “Mental Conflicts”.

Positional Traders Trend Change Level is 18102 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 18379 will act as a Intraday Trend Change Level.

Intraday Trading Levels

Buy Above 18426  Tgt 18466, 18499 and 18529 (Nifty Spot Levels)

Sell Below 18385 Tgt 18345, 18310 and 18285 (Nifty Spot Levels)

As always I wish you maximum health and trading success

Category: Nifty50

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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