Nifty Bank IndexLong
Bank nifty Rises from old point
JAI SHREE RAM. Today was a good session with 328.85 points movement. Bank nifty took support at 36845 level and low made was 36824. while 36800 is strong Open interest in PE of 7.15 lakhs while still interesting to see that there were more positions added in the 37000 PE with addition of 5.18 lakhs OI addition and total OI is 14.95 lakhs. At the same time you will see the CE highest open interest in 37000 CE 13.25 lakhs there also we saw and addition of 4.06 lakh contracts. it seems MONDAY MARKET WILL OPEN GAP UP AND TRY TO OVERCOME THE REISSTANCE OF 37397 DURING THE DAY. BUY CALL OF 37300 SL 100 TGT 400.
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