BANK nifty oct future today closed at 17360 with 174 points gain.
16%+ open interest addition suggest long build.
BANK nifty 18000 call options writing is seen.
1 week channel trend is up and
1 month price channel trend is up
RSI is around 50 with bullish divergence.
for tomorrow, bank nifty intraday support will be 16725
on upside bank nifty intraday resistance will be 17600 and 17820
for tomorrow, future traders keep buy and accumulate
near support strategy for targets 17600
and then 17820 in short terms.
option traders can use bank nifty 17000 call options
for buying and accumulation.