Bank Nifty hold on to gann angle,EOD Analysis

As Discussed in Last Analysis Now as new series will start, Bulls need a close above 26352 for a move back to 26496/26640. Bearish below 26280 for a move towards 26210/26064. High made today was 26465 and we closed above 26352 so bulls continue to close above 26352 suggesting bulls have upper hand and can rally towards 26496/26640/26784/26920.Bearish below 26280 for a move towards 26210/26064. Bank Important intraday time for reversal can be at 12:09/1:29.Trading a New Account

Bank Nifty July Future Open Interest Volume is at 19.2 lakh with liquidation of 1.2 Lakh, with increase in Cost of Carry suggesting short positions were closed today. Bank nifty Rollover cost @26490 closed below it.

27000 CE is having highest OI @5.2 Lakh resistance at 27000 followed 27300.26000-28000 CE added 1.1 Lakh in OI so bears added position at higher level still resistance in range of 26500-26700

25500 PE is having highest OI @7 Lakh, strong support at 26000 followed by 25800.26000-28000 PE added 1.2 lakh in OI so bulls having strong support in range of 26000-25800.

Bank Nifty Futures Trend Deciding level is 26371 (For Intraday Traders). BNF Trend Changer Level (Positional Traders) 26323. How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .

Buy above 26400 Tgt 26451,26555 and 26630 (Bank Nifty Spot Levels)