- As Discussed in Last Analysis We have important time cycle date tomorrow and near Gann Angle Support, Bulls will get active above 31370 for a move back to 31534/31623/31712. High made today was 31619 so almost did target of 31623 above 31370 So gann angle support combined with neural analysis and time analysis helped us in catching the upmove.Any close above 31600 can see upmove towards 31768/31946/32112. Bears will get active below 31260 for a move back to 31100/310001. Why Traders Lose Discipline
- Intraday time for reversal can be at 10:02/11:12/1:24/2:46 How to Find and Trade Intraday Reversal Times
- Bank Nifty June Future Open Interest Volume is at 18.5 lakh with addition of 6.7 Lakh, with increase in Cost of Carry suggesting long positions were added today. Bank nifty Rollover cost @31540 and rollover @81 %
- 32000 CE is having highest OI @2.1 Lakh resistance at 31800 followed 32000. 30000-32000 CE added 1.34 Lakh in OI so bears added in the zone of 31800-32000
- 31000 PE is having highest OI @2.1 Lakh, strong support at 31000 followed by 30800.30000-32000 PE added 1.7 Lakh OI so bulls making strong support in the range of 30500-30800.
- Bank Nifty Futures Trend Deciding level is 31558 (For Intraday Traders). BNF Trend Changer Level (Positional Traders) 31558 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .
Buy above 31590 Tgt 31679,31768 and 31857 (Bank Nifty Spot Levels)
Sell below 31450 Tgt 31333,31236 and 31100 (Bank Nifty Spot Levels)
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