FIIs Maintain Bearish Stance on Bank Nifty Futures
Foreign Institutional Investors (FIIs) continued their bearish approach in the Bank Nifty Index Futures market, shorting 3057 contracts worth ₹480 crore. This move led to a net open interest increase of 1499 contracts, indicating a cautious outlook on the banking sector.
The increase in open interest suggests addition of short positions, reinforcing a negative sentiment.
Key Takeaways from FII Activity in Bank Nifty Futures
Bearish Stance Continues – FIIs shorted 3057 contracts worth ₹480 crore, signaling a negative sentiment.
Increase in Open Interest – A net OI decrease of 1499 contracts addiiton of short positions ahead of Monthly Expiry
March 2025 Monthly Expiry Day Strategy: Predicting Nifty, Bank Nifty, Fin Nifty & Midcap Nifty’s Range
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Bank Nifty experienced volatility with negative breadth, as price hit the Gann angle resistance zone, suggesting a potential short-term reversal. Today, two Bayer rules have come into effect, reinforcing the possibility of a trend change.
Key Technical & Astro Factors
Gann Angle Resistance Zone Hit → A key level where price often reacts. Bayer Rule 22:
“The trend changes if retrograde Mercury passes over the Sun (Sun Conjunct Rx Mercury).”
Signals a potential market reversal.
Bayer Rule 14:
“Venus movements in geocentric longitude using a unit of 1°9’13” often signal key reversals.”
Banking & financial stocks could be impacted.
Price Below 51,429 Could Trigger a Quick Drop to 51,000.
Market Outlook & Trading Strategy
If Bank Nifty trades below 51,429, expect a quick move toward 51,000. Extreme optimism in Bank Nifty means a short-term correction is likely. Avoid buying options due to high volatility and inflated premiums. Futures & option writing in next month’s expiry may be better strategies. If trading options, focus on intraday setups instead of positional trades.
Final Thoughts: With Gann resistance, Bayer rules, and high volatility aligning, a short-term correction looks probable. Watch 51,429 closely for confirmation!
Bank Nifty has confirmed a perfect reversal, aligning with Bayer Rule 14 & 22, as discussed in the video below. The index closed below the 51429, signaling bearish momentum.
Additionally, last month’s expiry was at 48743 , and Nifty is still 2500 points above that level. However, with the current weakness, another gap-down opening is likely tomorrow.
Key Levels to Watch
Crucial Support Zone: 51970-52000
→ If bulls fail to defend this range, expect a further decline to 50700/50250.
Bullish Reversal Only Above: 23,561
→ For any meaningful upside, Nifty must reclaim 51608.
Final Thoughts: Bayer rules played out as expected—now, all eyes on 52000 for the next major move!
Bank Nifty Trade Plan for Positional Trade ,Bulls will get active above 51379 for a move towards 51607/51835/52063 Bears will get active below 50923 for a move towards 0694/50466/50238
Traders may watch out for potential intraday reversals at 09:21,10:50,12:22,01:13,02:36 How to Find and Trade Intraday Reversal Times
Bank Nifty March Futures Open Interest Volume stood at 13.4 lakh, with liquidation of 3.6 lakh contracts. Additionally, the Increase in Cost of Carry implies that there was a covering of LONG positions today.
Bank Nifty Advance Decline Ratio at 01:11 and Bank Nifty Rollover Cost is @49026 closed above it.
Bank Nifty Gann Monthly Trade level :48414 closed above it.
Bank Nifty closed above 200 SMA @48984 ,Trend is Buy on Dips till above 51000
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 50541-52044-53548. 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 51500 strike, followed by the 52000 strike. On the put side, the 51000 strike has the highest OI, followed by the 50500 strike.This indicates that market participants anticipate Bank Nifty to stay within the 51500-50500 range.
The Bank Nifty options chain shows that the maximum pain point is at 51000 and the put-call ratio (PCR) is at 0.86 . 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 .
It’s not just putting in the hours that will make you successful; it’s the persistent intention to improve by examining your results, tweaking your approach, and making incremental progress.
For Positional Traders, The Bank Nifty Futures’ Trend Change Level is At 51301 . 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 51512, Which Acts As An Intraday Trend Change Level.
Intraday Levels for Bank Nifty:
Buy Above 51300 Tgt 51470, 51600 and 51777 ( Bank Nifty Spot Levels)
Sell Below 51066 Tgt 50893, 50729 and 50578 (Bank Nifty Spot Levels)
Expiry Levels for Bank Nifty:
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Upper End of Expiry: 51576
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Lower End of Expiry: 50841
Wishing you good health and trading success as always.As always, prioritize your health and trade with caution.
As always, it’s essential to closely monitor market movements and make informed decisions based on a well-thought-out trading plan and risk management strategy. Market conditions can change rapidly, and it’s crucial to be adaptable and cautious in your approach.
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