As discussed in last analysisBulls need to move above 19810 for a move back to 19950/20143/20400.Bears need a close below 19510 for a move back to 19250/19051/18900. 2 target done above 19810,Tomorrow important astro date suggesting big move round the corner, Bulls need to move above 20400 for a move back to 20555/20841.Bears need a close below 20040 for a move back to 19900/19790/19683
Bank Nifty April Future Open Interest Volume is at 12.8 lakh with liquidation of 0.01 Lakh, with decrease in Cost of Carry suggesting short positions were added today. Bank nifty Rollover cost @17939 closed above it
20500 CE is having highest OI @7 Lakh resistance at 20500 followed 20800.19000-21000 CE added 11 Lakh in OI so bears added position in the zone of 20000-20300.
19000 PE is having highest OI @11 Lakh, strong support at 19500 followed by 19000.18000-20000 PE added 2 Lakh OI so bulls making support in the range of 19500-19800.