Bank Nifty Bulls Hold on to gann angle,EOD Analysis

As Discussed in Last Analysis Bank Nifty opened above 26920 low made was 26936 and rallied to do our 1 target of 27064 and now waiting for next target of 27216. Range of 27216-27225 is crucial resistance zone,bulls need a close above it for the next rally towards 27360/27500. Bearish below 26920 for a move back to 26784/26640. Low made was 26903 so bears were able to break 26920 but failed to close below it, Till we are closing above 26920 we can rally all the way till 27064/27216. Range of 27216-27225 is crucial resistance zone,bulls need a close above it for the next rally towards 27360/27500. Bearish below 26900 for a move back to 26784/26640. 13 Was important trend change date break of high 27100 or low 26900 can see good move of 150-200 points easily. Bank Important intraday time for reversal can be at 11:31/1:13. How to become Millionaire with Consistent Success in Trading

Bank Nifty July Future Open Interest Volume is at 22.9 lakh with liquidation of 0.81 Lakh, with increase in Cost of Carry suggesting short positions were added today. Bank nifty Rollover cost @26490 closed below it.

27500 CE is having highest OI @7.2 Lakh resistance at 27300 followed 27500.26000-28000 CE added 0.65 Lakh in OI so bears added position at higher level still resistance in range of 27200-27300

26000 PE is having highest OI @8.7 Lakh, strong support at 26500 followed by 26300.26000-28000 PE liquidated 0.03 OI so bulls having strong support in range of 26200-26300.

Bank Nifty Futures Trend Deciding level is 26977 (For Intraday Traders). BNF Trend Changer Level (Positional Traders) 26568. How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .

Buy above 26980 Tgt 27064,27150 and 27250 (Bank Nifty Spot Levels)