free bank nifty future option tips 1 oct 2015

BANK nifty oct future today closed at 17328 with 60 points loss.
4% open interest addition suggest long build.
BANK nifty 18000 call options writing is seen.
banknifty 1 week channel trend is down and
banknifty  1 month price channel trend is up
RSI is around 52 with bullish divergence.
for tomorrow, bank nifty intraday support will be 16850
on upside bank nifty intraday resistance will be 17450 and 17610
for tomorrow, future traders keep buy and accumulate
near support strategy for targets 17450
and then 17610 in short terms.
option traders can use bank nifty 17500 call options
for buying and accumulation on correction.

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Pramod Baviskar

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