Nifty Ready for the Big move as per Astro Analysis

By | April 11, 2021
  • FII sold 5.5 K contract of Index Future worth 639 cores, Net OI has increased by 7.5 K contract 990 Long contract were added by FII and 6.5 K  Shorts were added by FII. Net FII Long Short ratio at 1.35 so FII used rise to enter longs and enter shorts.
  • As Discussed in Last Analysis   Now Bulls need to move above 14885 for a move back to 14952/15010/15055/15100. Bears are below 14820 we can move back to 14784/14729/14688/14610. 10 April is important Bayers Date so we should see effect either today or Monday.  Bears were able to 1 target on downside as low made was 14785 and bulls were got whipsawed so nifty continue to do time correction trading in small range. As today is important Bayers date (Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes.) and important Mercury Aspect (Mercury Sextile Saturn) and Jupiter Aspect (Venus Sextile  Jupiter) both Ruling plannet of Nifty so we should see trending move in market in next 2 trading session.Bulls need to move above 14885 for a move back to 14952/15010/15055/15100. Bears are below 14784 we can move back to 14729/14688/14610.
  • Total Future & Option trading volume at 22.3 Lakh core with total contract traded 1.19 lakh , PCR @0.92
  • Nifty April  Future Open Interest Volume is at 1.13 Cores with addition of 8.3 Lakh with increase in cost of carry suggesting LONG position were added today, NF Rollover cost @14719 closed above it. 
  • 15000 CE is having Highest OI at 12.2 Lakh, resistance at 15000 followed by 15100.14800-15100 CE added 47 Lakh in OI so bears added in range of 15000-15100.FII bought 38.8 K CE and 37.5 K CE were shorted by them. Retailers bought 271 K CE and 276 K  CE were shorted by them.
  • 14500 PE OI@20.9 Lakhs having the highest OI strong support at 14600 followed by 14500. 14500-14700 PE added 37 Lakh in OI so bulls addded position in range 14400-14500.FII bought 34 K PE and 18.6 K PE were shorted by them. Retailers bought 177 K PE and 212 K PE were shorted by them.
  • FII’s sold 653 cores and DII’s sold 271 cores in cash segment.INR closed at 74.8

Buy Above 14852 Tgt 14876,14900 and 14943 (Nifty Spot Levels)

Sell Below 14816 Tgt 14785,14750 and 14729 (Nifty Spot Levels)

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