as per oi data 22500 is a good resistance buying tgt is upto-22500 and new support is 22000/21500 IF SUPPORT break(22000) than lower tgt is upto 21500 as per oi data. keys 1- short buildup in put side 2- short buildup in put side 3.rsi-46.27 4.important levels 22200ce, 22300ce and 22400ce 22000pe,21900pe,21800pe,21700pe 5. positive view of banks as per oi data ( PNB ,BANKBARODA, sbin , INDUSINDBK ) mildly positive ( AXISBANK, kotakbank, FEDERALBNK , RBLBANK , IDFCFIRSTB ) negative view ( hdfc , BANDHANBNK , icicibank ) 6. MARKET VOLATALITY IS VERY HIGH due to monthly expiry
Please do your own analysis before trade. This is only for education purpose.
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