banknifty 17000 call option analysis for 22 dec 2015

Banknifty 17000 call options today closed at 102 with 33% gains.Intraday high was at 124 and low was at 63.Total 61 rupees or almost 100% gain from lows. 15% open interest addition suggests Strong buying interest in this option as well as active hedger’s positions at this level. This is today’s top traded bank nifty option contract and suggesting bank nifty major resistance point.
free bank-nifty future and option tips for 22 dec 2015

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