Jupiter 40 Uranus : BANK Nifty Fall 1000+ Points

By | January 26, 2023 11:15 pm

As Discussed in Last Analysis

Again a side ways day price unable to sustain above  43000 and formed an Outside Bar today. Last expiry close was 43252 , if any 15 mins move above 43000 we can see short covering till 43252. Jupiter 40 Uranus both outer plannet so Bank Nifty should see firework.

Jupiter 40 Uranus showed its effect Bank Nifty falling almost 1000 points in single trading session. Very Few TRaders would have captured the move as most of them were not ready as Quatum of fall was Huge. The courage to act on such a knowledge will make the difference from an average trader to an outstanding one. You should look at the market at all times like a BULL and like a BEAR and this will keep you vigilant and allows you to book profits and reverse your trades or simply stay off the markets.

Tommrow we have “Bayer Rule 14: VENUS MOVEMENTS IN GEOCENTRIC LONGITUDE USING A UNIT OF 1*9’13”” and Jupiter 15° HELIO so Bank Nifty should again be in Focus and First 15 mins High and LOw will guide for the day.



Bank Nifty Outside Bar Trade Plan ALl Target done

Intraday time for reversal can be at  10:28/11:19/12:05/1:22//2:20  How to Find and Trade Intraday Reversal Times

Bank Nifty Feb Future Open Interest Volume is at 19.1 lakh with addition of 6.1 Lakh contract , with increase in Cost of Carry suggesting Short positions were added today.

Bank Nifty Rollover cost @42742  and Rollover % @77  Closed below it,

Bank Nifty Bulls now need to hold 41582 which is 100 DMA


Bank Nifty as per musical octave trading path can be  41353-41761-42170 take the side and ride the move !!

Maximum Call open interest of 16 lakh contracts was seen at 42000 strike, which will act as a crucial resistance level and Maximum PUT open interest of 18 Lakh contracts was seen at 41000 strike, which will act as a crucial Support level.

MAX Pain is at 4200 and PCR @0.72 . Markets tend be range-bound when PCR OI (Open Interest) ranges between 0.90 and 1.05. 

Review the last week’s entries in your trading journal. Count the number of positive, encouraging phrases in your writings and the number of negative, critical ones. If the ratio of positive to negative messages is less than one, you know you aren’t sustaining a healthy relationship with your inner coach. And if you’re not keeping a journal, your coach is silent. What sort of relationship is that?

For Positional Traders Trend Change Level is 42219 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. For Intraday Traders 41755 will act as a Intraday Trend Change Level.

Intraday Trading Levels

Buy Above 41810 Tgt 41973, 42136 and 42323 (Bank Nifty Spot Levels)

Sell Below 41540 Tgt 41400, 41250 and 41000 (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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