premarket banknifty F&O tips for 3 nov 2015

banknifty future today closed at 17395 with 22 points loss.
2% open interest addition suggest fresh shorts.
banknifty 18000 call options writing is seen.
bankNifty 1 week channel trend is down.
bankNifty 1 month price channel trend is up.
RSI is near 44 with buy signal.
banknifty intraday support will be 17280 and 16980.
banknifty intraday resistance will be 17450 and 17740.
banknifty future intraday call will be
go short near resistances with stop loss.
banknifty option intraday call will be
buy 17500 put options on decline with stop loss.

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