BANKNIFTY future today closed at 17585 with 16 points loss.
3% open interest addition suggest fresh short addition.
BANK nifty 18500 call options writing is seen.
banknifty 1 week channel trend is flat and
banknifty 1 month price channel trend is up.
RSI is around 55 with buy signal.
bank nifty intraday support will be 17460 and 17395 while
bank nifty intraday resistance will be 17610 and 17645.
for tomorrow, future traders can buy bank nifty
around 17400 zone with stop loss
for target 17610 to 17645 target zones.
option traders can use bank nifty 17500 call options
for buying and accumulation on correction.