AFTER A COUPLE OF DAYS A STRONG TREND WAS SEEN IN BANK NIFTY .
NOW A DAYS WRITERS ARE TAKING NARROW POSITIONS, SO THE MOMENT WILL BE SEEN 500-600 POINTS, INDIA VIX HAS ROSE TO 21.6 FROM 20.74 AND PCR RATIO IS AGAIN IN ITS LOWEST 0.56.
EARLIER WHEN INDIA VIX WAS 22-21-20 THESE HAVE MANY TIMES SHOWN , A GOOD UPTREND IN BANK NIFTY , BUT NOW IT SEEMS, INDIAVIX 20-21 ARE NOW BEING HIGHEST.
SUPPORT 35500 lets see if it could turn it to be a strong support as lot of writers have took position here. 35000
Resistance 35500 as for current closing 36000
please share your opinion what market is going to be on Monday-15th March- 2021
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