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DSKF16
Jun 11, 2017 6:10 PM

BANKNIFTY & NIFTY in ABCD Pattern Who Lead the RACE 

Nifty Bank IndexNSE

Description

BANKNIFTY & NIFTY in ABCD Pattern Who Lead the RACE
NIFTY: In LINE STYLE (in BLACK)
All Study Plotted in Chart.

If we consider IV (Implied Volatility), Both in WEEKLY & MONTHLY Basis,
CALL Option has LOW IV (6.57 - 8.41) Compare to PUT Option (14.81 - 15.43).
Though no clear signal from Option OI Addition.
Suggests Upper Level is limited.

Intraday Levels for 12th JUN 2017
RESISTANCE : 23748, 23778 - 23799 (HZ), 23856, 23906, 23946
SUPPORT : 23650, 23620 - 23598 (BZ), 23541, 23492, 23452.

Weekly Levels (12th JUN '17 to 16th JUN '17)
RESISTANCE : 23994, 24051, 24086, 24144- 24184 (HZ), 24293.
SUPPORT : 23403, 23348, 23313, 23258 - 23218 (BZ), 23112

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Comments
AMBRISH
Thanks,
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