Bank Nifty Astro Analysis: Why Venus Heliocentric Latitude is Crucial for Understanding Market Reversals

By | March 14, 2023 10:53 pm

Bank Nifty correction may be unsettling for traders as we have seen fall of 2484 points in just 5 trading sessions. As traders, it’s important to stay calm during market corrections and not panic. Corrections can present great buying opportunities for those who have a long-term view of the market. It’s also important to have a solid trading plan in place and to stick to your strategy.

In the world of trading, there are certain Astro rules that traders follow to gain insights into market trends and potential reversals. Today, we’re highlighting two important Bayer rules that traders should keep in mind.

Bayer Rule 15 states that by analyzing the position of Venus relative to the Sun, traders can gain insights into major market moves and potential reversals. Specifically, traders should pay attention to Venus Heliocentric Latitude at extreme and least speeds, as these can indicate significant changes in market direction.

Rule No. 38 focuses on Mercury Latitude Heliocentric, which can also provide valuable insights for traders. When Mercury is in motion and passes certain degrees, it can produce powerful tops and bottoms in the market.

By understanding these rules and analyzing the movements of Venus and Mercury, traders can make more informed trading decisions and potentially profit from major market moves.

In conclusion, it’s important for traders to keep an eye on celestial movements and pay attention to these important Bayer rules. By doing so, they can gain a deeper understanding of market trends and potentially make profitable trades.




Astro Plan based on Bayers Rule Swing traders can expect a potential move towards 40048, 40398 , or 40703if the Bank Nifty trades above 39787 . However, if the Bank Nifty falls below 39112 , Bears may become more active, leading to a move towards 38851,38501,38196.

Traders may watch out for potential intraday reversals at 09:35,11:20, 12:10, 1:05, 2:03 and 2:47. How to Find and Trade Intraday Reversal Times

Bank Nifty March Futures Open Interest Volume stood at 28.2 lakh, witnessing a addition of 2 lakh contracts. Additionally, the decrease in Cost of Carry implies that there was a closure of Short positions today.

The Bank Nifty Rollover cost currently stands at 40733, and once this level was breached, it  triggered a significant downfall

Traders who follow the musical octave trading path may find valuable insights in predicting Bank Nifty’s movements. According to this path, Bank Nifty may follow a path of 39332-40502-41672. This means that traders can take a position and potentially ride the move as Bank Nifty moves through these levels.

Of course, it’s important to keep in mind that trading is inherently risky and market movements can be unpredictable.

According to the Bank Nifty options chain, the call side has the highest open interest (OI) at the 39800 strike, followed by the 40000 strike. On the put side, the 39300  strike has the highest OI, followed by the 39000 strike. This indicates that market participants anticipate Bank Nifty to stay within the39500-40000 range.

The Bank Nifty options chain shows that the maximum pain point is at 39700 and the put-call ratio (PCR) is at 1.03. Typically, when the PCR open interest ranges between 0.90 and 1.05, the market tends to remain range-bound. PCR is on extreme end suggesting we can see sharp reversal .

“The most important thing in trading is capital preservation. The biggest losses come from taking the largest risks

For Positional Traders, The Bank Nifty Futures’ Trend Change Level is At 40718. Going Long Or Short Above Or Below This Level Can Help Them Stay On The Same Side As Institutions, With A Higher Risk-reward Ratio. Intraday Traders Can Keep An Eye On 39616 , Which Acts As An Intraday Trend Change Level.

Intraday Trading Levels:

  • Buy above 39528 with targets at 39726, 39923  and 40121 (Bank Nifty Spot Levels)

  • Sell below 39369 with targets at 39170, 38970 , and 38771 (Bank Nifty Spot Levels)

Wishing you good health and trading success as always.As always, prioritize your health and trade with caution.

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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