Nifty Vedic Date 15th March 2019 Big move may come around the Date.

Nifty Vedic Date 15th March 2019. A big move may come around this Date.

Interpretation of Nifty Open Interest Data:

Nifty has a maximum Open Interest on Call side is  8.61 Lakh at Strike Price 11400 maximum Open Interest on Put side is 7.08 Lakh at Strike Price 11300.  So Upper side 11400 is resistance & 11300 is support

India VIX is at 15.13 (0.98%  Down) and Weekly PCR 1.23 
Nifty is closed at 11301. High 11383, Low 11314
Daily Candle: Bearish Hammer on Daily Chart.

Nifty Candlestick Hourly Chart :


Nifty Candlestick Hourly Chart

Nifty Candlestick Hourly Chart
Nifty gap up opened and the rest of the day it is not closed above the opening. An hourly chart having Darwas Box whose High 11383 and Bottom 11314. Tug of war between bulls and bears is continuing. For winning of the Battle, Nifty has to give Breakout of Darwas Box from upper 11382 or Bottom 11314. 

As said in previous blog Nifty Near Vedic Number 11376 and today Nifty touched 11376 and give small correction near Vedic number as said in Blog as (Nifty is closing at11301 and 133 points up. Nifty is going towards Vedic number 11376. It is possible to give a small correction near 11376. It is very difficult to break 11200 as maximum open interest is built at  11200.) 

15th March is Vedic Date. Big move around the corner. It is advised to trade with strict SL.

 Strategy: 


 Intraday Nifty Spot Target:


Buy above 11376 Target 11403, 11430,11466

Sell below 11322 Target 11295, 11268, 11241

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