Market View | 18 Apr
Nifty opening flat, weekly expiry and expecting to be a rangebound session within 150-200 pts
Nifty support and demand zone near 22100 and resistance zone near 22450, where support zone is for buy on Dips
Nifty Highest Call OI of 1.04 cr 225000 and PUT OI at 22000 with 63.5 Lk OI as 22300 PUT OI saw unwinding due to gapdown in last session.
ATM Straddle of 22200 at 145
Banknifty is finding support near 47400 and can head to 48000 holding the support zone.
Since IT is weaker, banknifty is holding with strength and support from HDFC and kotak
Below 47100 Banknifty to turn weak next support level of 46500.
https://rb.gy/zjvnm4
