- As Discussed in Last Analysis Bulls will become active again at 26784 for a move towards 26920/27000.All Bullish target done High made was 26985 near our vedic number 27000 and near gann angle resistance.Bulls will become active again at 27000 for a move towards 27070/27150/27225. Bears will become active below 26850 for a move back to 26721/26610
- Intraday time for reversal can be at 10:24/12:07/1:24. Learn How to Pull the Trigger on a Trade
- Bank Nifty Feb Future Open Interest Volume is at 13.9 lakh with liquidation of 1.41 Lakh, with increase in Cost of Carry suggesting long positions were added today. Bank nifty Rollover cost @26934 closed below it.
- 27500 CE is having highest OI @5.3 Lakh resistance at 27000 followed 27300. 26000-28000 CE added 2.67 Lakh in OI so bears added position in the zone of 26900-27000.
- 26000 PE is having highest OI @5.5 Lakh, strong support at 26600 followed by 26500.26000-28000 PE added 2.9 Lakh OI so bulls making strong support in the range of 26500-26600.
- Bank Nifty Futures Trend Deciding level is 26928 For Intraday Traders). BNF Trend Changer Level (Positional Traders) 27157 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .
Buy above 27000 Tgt 27072 ,27140 and 27225 (Bank Nifty Spot Levels)
Sell below 26870 Tgt 26800,26721 and 26640 (Bank Nifty Spot Levels)
Upper End of Expiry : 27196
Lower End of Expiry : 26715
Follow on Twitter:https://twitter.com/brahmesh
Follow on Facebook https://www.facebook.com/Brameshs-Tech-14011718268586