Bank Nifty Ready for a Big Move

  • Thanks for all your Mails, I was not in best of my health in past few days so need to take a break, Thanks again for all your warm wishes. Bank Nifty is approaching an Important Astro Cycle and also we formed NR7 day today suggesting big move round the corner. Bulls have failed to close above 22760. Bears need to break 22250 for move back to 22126/21986/21800. Bulls will get active above 22525 for a move back to 22698/22800/23000.

  • Bank Nifty Sep Future Open Interest Volume is at 17.1 lakh with addition of 0.26 Lakh, with increase in Cost of Carry suggesting short  positions were added today. Bank nifty Rollover cost @23392 closed below it.
  • 23000 CE is having highest OI @8 Lakh resistance at 23000 followed 23500.22000-23000 CE added 12 Lakh in OI so bears added position in the zone of 22500-22800
  • 22000 PE is having highest OI @8 Lakh, strong support at 22200 followed by 22000.21000-24000 PE added 15 Lakh OI so bulls making support in the range of 22200-22000.

Buy Above 22386 Tgt 22460,22601 and 22698(Bank Nifty Spot Levels)

Sell Below 22250 Tgt 22126,21990 and 21850 (Bank Nifty Spot Levels)

14 thoughts on “Bank Nifty Ready for a Big Move”

  1. May best of fortune knock at your door in all the times to come head. Wish you a speedy recovery from your illness & sound health & wealth.

  2. Every day you give knowledge to improve followers wealth. than God confirm improve your health.I pray to God your health will cover as soon as.

  3. आराध्य श्रीहरि की करुणा है आपके ऊपर इतने लोगों को निस्वार्थ भाव से मार्गदर्शन देना, इतना बड़ा पूर्ण के कार्य करते हैं कैसे आपको कुछ हो सकता आप पूर्ण आरोग्य है आपके अवचेतन मन की शक्ति से मंगल ही मंगल होगा
    आचार्य शैलेश के तरफ से शुभ कामनाएँ.!

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