Nifty Astro Analysis as Sun Conjunct Mercury

By | July 1, 2020 8:43 am

  • FII sold 5.5 K contract of Index Future worth 366 cores, Net OI has increased by  1 K contract, 3.2 K Long contract were added by FII and 2.2 K Shorts were covered by FII. Net FII Long Short ratio at 0.53, So FII used fall to enter longs and exit shorts.
  •  As discussed in last analysis  We are seeing a range contraction also tommrow very important Astro date suggesting big move round the corner. Bears below 10277 can push towards 10222/10177/10130. Bulls will get active above 10343 for a move back to 10400/10470/10525. Nifty opened with gap up but unable to do 10400 above 10343,As discussed in below video Bears will active below 10267 for a move towards 10189/10112/10050/10000. Bulls will get active above 10343 for a move back to 10400/10470/10525.


  • Total Future & Option trading volume at 10.79 Lakh core with total contract traded at 2 lakh , PCR @0.93
  • Nifty July Future Open Interest Volume is at 1.15 Cores with addition of 0.87 Lakh with increase in cost of carry suggesting short position were added today, NF Rollover cost @10325 closed below it.
  • 10400 CE is having Highest OI at 31 Lakh, resistance at 10400 followed by 10500.10200-10600 CE added 26 Lakh in OI so bears added in range of 10400-10600.FII bought 9.6  K CE and 6  K CE were shorted by them. Retailers bought 84 K CE and 68 K  CE were shorted by them.
  • 10200 PE OI@18 Lakhs having the highest OI strong support at 10200 followed by 10300. 10100-10300 PE added 18  Lakh in OI so bulls added position in range 10100-10200.FII bought 19.3 K PE and 6 K PE were shorted by them. Retailers bought 12.8 K PE and 29 K PE were shorted by them.
  • FII’s sold 2000 cores and DII’s bought 2051 cores in cash segment.INR closed at 75.70

Buy Above 10343 Tgt 10370,10399 and 10420 (Nifty Spot Levels)

Sell Below 10265 Tgt 10245,10225 and 10200(opens in a ne (Nifty Spot Levels)

Category: astro nifty technicals

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.

2 thoughts on “Nifty Astro Analysis as Sun Conjunct Mercury

  1. ANAND D

    Bramesh , Nifty has reached some targets in upside based on SUN and MERCURY conjunction . Suppose, if a person does trading using TRADE PLAN ,STRATEGY and JOURNAL with Well Defined RULES to follow the Trades taken , are there any chance to lose maximum in overall all the trades handles if the traders personal individual Horoscope is not in a favourable condition like Shani Dasha/ Sate sati on going or mars, Rahu, Ketu not favourable .
    Could you please clarify ?

    Thanks
    D.Anand

    Reply

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