banknifty future today closed at 17272 with 105 points loss.
4% open interest addition suggest fresh short creation.
banknifty 18000 call options writing is seen.
banknifty short term trend and momentum both
are bearish and downside still wide open.
banknifty intraday support will be 17200 and 16935.
banknifty intraday resistance will be 17530 and 17640.
our sell near resistance strategy worked
we seen almost 275 points drop from high in intraday.
option side, 17500 put options given 136 rupee rally from low.
free banknifty future intraday call will be
follow sell on rise view with strict stop loss.
free banknifty option intraday call will be buy 17500
call options on decline with stop loss.