free banknifty future option tips for 6 nov 2015

banknifty future today closed at 17090 with 200 points loss.
7% open interest addition suggest fresh short creation.
banknifty 18000 call options writing is seen.
banknifty short term trend and momentum both
are bearish and approaching bottom of 17000-16800.
banknifty intraday support will be 16900 and 16775.
banknifty intraday resistance will be 17200 and 17395.
our sell near resistance strategy worked
we seen almost 250 points drop from high in intraday.
option side, 17500 put options given 150 rupee rally from low.
free banknifty future intraday call will be
buy banknifty future on decline near supports
with strict stop loss for target 17200 and then 17395.
free banknifty option intraday call will be buy 16800
call options on decline with stop loss.

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Pramod Baviskar

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