BANK nifty oct future today closed at 17687 with 15 points gain.
5% open interest addition suggest long build up.
BANK nifty 18000 call options writing is seen.
banknifty 1 week channel trend is up and
banknifty 1 month price channel trend is up.
RSI is around 57 with buy signal.
bank nifty intraday support will be 17550 and 17340 while
bank nifty intraday resistance will be 17760 and 17855.
for tomorrow, future traders can buy bank nifty
around 17340-17550 zone with stop loss
for target 17855 to 17950 target zones.
option traders can use bank nifty 17500 call options
for buying and accumulation on correction.