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Astro Cycle Impact : Nifty Hits 18500 – Bramesh’s Technical Analysis

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Bramesh

FII bought 2.8 K contract of Index Future worth  282 cores, Net OI has decreased by 5.5 K contract 11.1 K Long contract were added by FII and 8.3 K Shorts were added by FII. Net FII Long Short ratio at 2.02 so FII used rise to enter long and enter short in Index Futures.

Nifty moved as discussed in video and price moved up we also saw the impact of Jupiter Direct and we will see another gap up open today. 18312 is Mercury Ingress level and Bulls needs a 15 mins close above it for a move towards 18400. 18312 nifty sustained above it 15 mins and we saw the big rise in market, Simple Astro Level can help you in capturing the big move.

For Swing Trade Bulls need to move above 18170 for a move towards 18238/18306/18374 . Bears will get active below 18102 for a move towards 18034/17966/17898. 18444 done

Nifty did 18500 and we saw the impact of Jupiter Plannet as nifty moved in last 2 trading session only

For Swing Trade Bulls need to move above 18541 for a move towards 18609/18676/18729 . Bears will get active below 18325 for a move towards 18257/18189/18121.

#nifty50 is approaching the crucial 1×1 angle between 18585-18610 where it has seen pullback in past.Time to be cautious and tighten your SL.. Trend is up but it always good to take money off the table.

 

Intraday time for reversal can be at 9:17/9:52/11:27/12:09/1:43/2:32   How to Find and Trade Intraday Reversal Times

MAX Pain is at 18400 PCR at 0.85  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 12 lakh contracts was seen at 18600 strike, which will act as a crucial resistance level and Maximum PUT open interest of 14 lakh contracts was seen at 18300 strike, which will act as a crucial Support level

Nifty Dec Future Open Interest Volume is at  1.11 Cr with addition of 35.5 Lakh with increase in Cost of Carry suggesting Long positions were added today.

Nifty Rollover cost @18392 and Rollover % @75.1

Till Nifty is above 18326 on closing basis  Bulls will have upper hand.

FII’s bought 1231cores and DII’s sold 238cores in cash segment.INR closed at 81.80

#NIFTY50  as per musical octave trading path can be 17551-18058-18595  take the side and ride the move !!

Most Of The Money You Will Earn Trading Will Be Easy Money. You Will See Something On Your Screen That Signals A Great Trading Opportunity For You And You Will Pounce. But These Great Opportunities Present Themselves Only Because You Have Watched Your Stock(S) And Gathered Valuable Information

Positional Traders Trend Change Level is 18659 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 18535 will act as a Intraday Trend Change Level.

Intraday Trading Levels

Buy Above 18530 Tgt 18555, 18585 and 18610(Nifty Spot Levels)

Sell Below 18460 Tgt 18436, 18400 and 18366 (Nifty Spot Levels)

As always I wish you maximum health and trading success





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