BANKNIFTY future today closed at 17601 with 44 points loss.
3% open interest addition suggest fresh shorts creations.
BANK nifty 18000 call options writing is seen.
banknifty 1 week channel trend is up and
banknifty 1 month price channel trend is up.
RSI is around 56 with buy signal.
bank nifty intraday support will be 17480 and 17340 while
bank nifty intraday resistance will be 17600 and 17900.
for tomorrow, future traders can sell bank nifty
around 17600+ with stop loss
for target 17480 to 17340 target zones.
option traders can use bank nifty 17500 put options
for buying and accumulation for intraday only.