Confuses Market Right Now AS Per Day Candle Time Frame Bank Nifty Show Bullish Like Market Get Support And Nearby High is 44700 Market Ready To Break this Because one Bullish Candel Make In Day time Frame And For 15 Mint Time Frame We Saw a Big Support Zone In the Market 44100 and 44000 Market.
For tomorrow if the Market shows Positiveness then Like Break 44700 then We Can Plan For a Buying or Bullish Trade. Otherwise, Wait For a breakdown Down Below 44100 or 44000 And need to sustenance Market if the Market sustenance Above or Below Any Support or Resistance Zone Then the Market sets a trend again
OIDATA
AS PER OI Data Market Has 44500 Resistance. For Downside Big Support is 44000 but the market can support at 44100/44200 because as per Oi pe data more than ce so Market Can Support if falls.
FI/DI DATA
Retail CE /PE Bearish Future Bullish
DII- Future Bearish CE=nil PE-Bearish
FII- Future / Pe -Bullish CE- Bearish
Optiondata
Option Data Analysis Intraday.KotakBank is trading near 1769 with highest put writing @ 1760.
HDFCBank is trading near 1567 with highest put writing @ 1560.
As long as this 2 banks dont close below 1760 & 1560 respectively on min 30 TF there are chances of Banknifty + 2 banks bouncing back from here.
Can buy Kotakbank 1760 CE & Hdfcbank 1560 CE. Stoploss 30 min TF candle closing below 1760 & 1560.