Nifty banknifty ICICI BANK trading view 19 nov 2014
NIFTY Nov. expiry future last closed at 8454 with 2 points gain. In Intraday NIFTY, future made high at 8469 while low was at 8432. Total almost 40 points intraday range and closed with gain. On futures side, -0.85% open interest cut suggest short exits. On option side, 8400 put options writing was seen which is strong support on downside. For tomorrow, sell nifty future near 8500 with stop loss for correction move.
BANKNIFTY Nov. expiry future last closed at 17,751 with gain of 46 points. In intraday BANK NIFTY, future hit high at 17794 while low was at 17647. Total 150 points intraday range and closed with gain. On futures, side +5.12% open interest build up suggest strong long addition. On option side 18,000 call options writing has been seen. For tomorrow, go short near 18000 with strict stop loss and expect correction ahead.
India VIX active future closed with 1407 with gain. In intraday vix hit high at 1407 while low was at 1344. Total 60 points intraday range and closed with gain. Here above 1350 keep buy on dips view for short term as correction expected in market.
ICICI Bank Limited stock closed at 1681 with gain. In intraday stock hit high at 1687 while low was near 1671. For tomorrow, traders can sell this stock near 1700 levels with strict stop loss 1725 for targets 1650.