banknifty future today closed at 17305 with 195 points loss.
51% open interest addition suggest strong rollovers.
banknifty 17200 put options writing is seen.
bankNifty 1 week channel trend is down.
bankNifty 1 month price channel trend is up.
RSI is near 43 with sell signal.
banknifty intraday support will be 17200 and 17000.
banknifty intraday resistance will be 17305 and 17615.
banknifty future intraday call will be buy around 17200-17000 zone
with strict stop loss in place.
banknifty option intraday call will be buy banknifty 17200
call options on decline with stop loss.