we can see profit booking in all major banknifty shares.
as per oi data sbin,icici,bandhan,kotak,federal,rbl and idfcr has short covering in call side. so
23000 is a good resistance if it cross and sustained than
buying tgt is upto-23300
and new support is 22658 selling tgt is upto-22500
as per oi data.
keys
1- short buildup in put side(otm/atm)
2- long buildup in call side(otm)
3.rsi-68.07
4.important levels
22900ce, 23000ce and 23100ce
2260000pe,22700pe
5. positive view of banks (PNB, AXISBANK , INDUSINDBK , )
mildly positive ( hdfc , BANKBARODA ,)
negative view ( SBIN, icicibank,BANDHANBNK,kotakbank, FEDERALBNK, RBLBANK, IDFCFIRSTB )
overall view is positive in bank nifty but new news can change the view.
Please do your own analysis before trade.
This is only for education purpose.
as per oi data sbin,icici,bandhan,kotak,federal,rbl and idfcr has short covering in call side. so
23000 is a good resistance if it cross and sustained than
buying tgt is upto-23300
and new support is 22658 selling tgt is upto-22500
as per oi data.
keys
1- short buildup in put side(otm/atm)
2- long buildup in call side(otm)
3.rsi-68.07
4.important levels
22900ce, 23000ce and 23100ce
2260000pe,22700pe
5. positive view of banks (PNB, AXISBANK , INDUSINDBK , )
mildly positive ( hdfc , BANKBARODA ,)
negative view ( SBIN, icicibank,BANDHANBNK,kotakbank, FEDERALBNK, RBLBANK, IDFCFIRSTB )
overall view is positive in bank nifty but new news can change the view.
Please do your own analysis before trade.
This is only for education purpose.