banknifty 27th july 2020

as per oi data
23000 is a good resistance
buying tgt is upto-22900/23000
and new support is 22500 selling tgt is upto-22000
as per oi data.
keys
1- short covering in put side(itm)
2- long buildup in put side(otm)
3.rsi-51.58
4.important levels
22700ce, 22800ce and 22900ce
22400pe,22500pe
5. positive view of banks ( hdfc, ,RBLBANK,IDFCFIRSTB )
mildly positive (icicibank, , BANKBARODA,BANDHANBNK,FEDERALBNK, INDUSINDBK)
negative view (PNB, SBIN,AXISBANK , kotakbank )

Please do your own analysis before trade.
This is only for education purpose.
Chart PatternsTrend Analysis

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