SUN Conjunct Uranus Aspect Impact on Nifty

By | May 8, 2023 11:01 pm

Foreign Institutional Investors (FIIs) displayed a Bullish approach in the Index Futures market by Buying 7970 contracts worth 727 crores, resulting in a increase of 9454 contracts in the Net Open Interest. FIIs bought 11374 long contracts and covered 1963 short contracts, indicating a preference for Buying positions .With a Net FII Long Short ratio of 0.97 , FIIs utilized the market rise to enter long positions and exit short positions in Index Futures.

As discussed in Last Analysis 

Nifty saw the impact of Lunar Cycle and Jupiter Cycle as discussed in Below Video From 30-Sep-2022 if you calculate 144 Bar ie. trading days it will give you 144 Bars which is also Jupiter Cycle.

We saw a big reversal in Nifty also closed above 144 Bar High negating the possiblity of short term top  tommrow we have

“Bayer Rule 15: VENUS HELIOCENTRIC LATITUDE AT EXTREME AND LEAST SPEEDS FOR MAJOR MOVES Imp Rule” and SUN Conjunct Uranus Aspect so time to be a cautious as we have gann date also today as shown in below gann chart.

Uranus is a plannet of Stock Market. 





Nifty made high of 18267 near the Jan High of 18251  on 04 May which was Jupiter Cycle date and saw a waterfall decline based on HDFC Twins MSCI News and price is back towards 18025. 18025 break can lead to fall towards 17940/17812 Bulls need a move above 18131 Yealy Open for a move towards 18225/18323

Bulls were able to move above 18131 and almost did 2 target, Now For Swing Trade Bulls need to move above 18311 for a move towards 18378/18445/18512. Bears will get active below 18176 for a move towards 18109/18042



Traders may watch out for potential intraday reversals at 9:21,9:53,11:16,12:35,2:16  How to Find and Trade Intraday Reversal Times

Nifty May Futures Open Interest Volume stood at 1.08 lakh, witnessing a addition of 6.8 lakh contracts. Additionally, the increase in Cost of Carry implies that there was a addition of Long positions today.

Nifty Rollover Cost is @17885 and Rollover is at 58.7 %

Nifty options chain shows that the maximum pain point is at 18200 and the put-call ratio (PCR) is at 0.97. Typically, when the PCR open interest ranges between 0.90 and 1.05, the market tends to remain range-bound.

According To Todays Data, Retailers Have sold 143 K Call Option Contracts And 19.2 K Call Option Contracts Were Shorted by them. Additionally, They bought 149 K Put Option Contracts And 111 K Put Option Contracts were Shorted by them, Indicating A BULLISH  Outlook.

In Contrast, Foreign Institutional Investors (FIIs) sold 100 K Call Option Contracts And 48 K Call Option Contracts Were Shorted by them. On The Put Side, FIIs sold 17.2 K Put Option Contracts And 139 K Put Option Contracts were Shorted by them, Suggesting They Have Turned To A BEARSIH Bias.

Nifty 50 Options Chain Analysis

The Nifty 50 options chain indicates that the highest open interest (OI) on the call side is at the 18300 strike, followed by 18400 strikes. On the put side, the highest OI is at the 18100 strike, followed by 18000  strikes. This suggests that the market participants are expecting Nifty 50 to remain range between 18200-18400 levels.

In the cash segment, Foreign Institutional Investors (FII) bought 2123 crores, while Domestic Institutional Investors (DII) bought 245 crores.

Traders who follow the musical octave trading path may find valuable insights in predicting Nifty’s movements. According to this path, Nifty may follow a path of 17744-18272-18800 This means that traders can take a position and potentially ride the move as 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.  Price has come near 18272


You need to absorb losses if you cannot absorb string of loss how you can really last in this kind of business.

For Positional Traders, The Nifty Futures’ Trend Change Level is At 18129. 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 18187 , Which Acts As An Intraday Trend Change Level.

Intraday Trading Levels

Buy Above 18275 Tgt 18300, 18334 and 18369 (Nifty Spot Levels)

Sell Below 18220 Tgt 18191, 18166 and 18133  (Nifty Spot Levels)

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

Category: Daily

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.

Leave a Reply