As forecasted the bank nifty opened gap up at 37358. It rallied upto 37581 then made sudden selling pressure from the 25th November pirce action. Interesting to see that open interest on 37000 Pe and ce is equal. Crossing 37500 and 37600 is difficult as there is total OI of 30 lakh on ce while PE OI is of 28 lakhs from SP 36900 to 36500. Call for tomorrow is Gap down opening below 36900 buy PE of 36800 Target 400.
