BANK nifty oct future today closed at 17542 with 148 points loss.
5% open interest cut suggest profit booking.
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 17340 and 17220 while
bank nifty intraday resistance will be 17600 and 17760.
for tomorrow, future traders can buy bank nifty
around 17340-17220 zone with stop loss
for target 17600 to 17760 target zones.
option traders can use bank nifty 17500 call options
for buying and accumulation on correction.