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2024-05-17 08:51:57 Picture worth 1000 words #BANKNIFTY ክፈት / አስተያየት ይስጡ

2024-05-17 06:35:35 Market View 17 May


Nifty expiry move was up down up down and strong up at closing

Nifty can head for 21500 and pullback can be considered for rentry at 22340 with support/sl at 22250

The participation from heavyweight is good with IT, Reliance and HDFC Bank with heavy volume in last session

Today is Nifty Midcap Expiry as Monday is holiday, Highest Call OI at 11500 and Highest Put OI at 11200. ATM Straddle 11300 at 80. Midcap Closed at All time with breakout retest support at 11150

### BANK NIFTY

Banknifty 48000 is a good pivotal level which got retested almost 10 times in previous sessions

Banknifty can test 48250 with for the day where we can book short term longs and wait for market to give good reentry around 47900

Axis Bank continues to participate with Breakout in Banknifty

https://rb.gy/n0anmq ክፈት / አስተያየት ይስጡ

2024-05-16 16:55:53 Breakout in Bank Nifty ? | Market Analysis | 17 MAY 24


ክፈት / አስተያየት ይስጡ

2024-05-16 06:35:15 Market View 16 May

Nifty breakout above 22240 can stretch retracement to 22370-22450 zone

Nifty support near 22160 below which it can slide to 22000

Nifty Highest call OI at 22500 with OI of 1Cr and support PUT OI at 22000 of 68 Lakh

Nifty ATM straddle 22200 at 135

### BANK NIFTY

Banknifty long with support at 47500 for bounce continuation till 48200

Banknifty below 47500 will be cautiously watched for retest of 47000 zone

Axis Bank to participate in strength of Banknifty

https://rb.gy/jkqeen ክፈት / አስተያየት ይስጡ

2024-05-15 18:40:12

ክፈት / አስተያየት ይስጡ

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2024-05-15 06:34:39 Market View 15 May
Nifty can stretch retracement to 22370-22450 zone

Nifty long risk rewards favorable on dip near 22160 in pullback with support at 22080

Nifty had support from Reliance, IT and Metal scripts for bounce in previous session

Expectation continues for index to majorly Trade above 22000 for the week

Nifty ATM straddle 22250 at 187

### BANK NIFTY

Banknifty remained calm due to FinNifty Expiry

Banknifty Longs continue on Radar near 47500 for bounce continuation till 48200

Banknifty support at 47350 zone, avoid buying if trading above 48000 as risk reward will be poor at the level

Banknifty highest Call OI of 48000 to be watched as Data unwinding is important for expiry

Banknifty ATM straddle 47900 at 375

https://rb.gy/5elstz ክፈት / አስተያየት ይስጡ

2024-05-14 17:04:57

ክፈት / አስተያየት ይስጡ

2024-05-14 12:01:09 BANK NIFTY May move up sharply once move above 47950 ክፈት / አስተያየት ይስጡ

2024-05-14 11:59:57 BANK NIFTY May move up sharply once move above 47950 ክፈት / አስተያየት ይስጡ