As discussed in last analysisAs discussed in below video Bears will active below 21200 for a move towards 21000/20732. Bulls will get active above 21500 for a move back to 21650/21840/22000.Low made was 21281 so bears unable to break 21200 and once above 21500 Bulls did all 3 target on upside. Astro Date showed perfect effect. Now Bulls need to close above 22265 for a move back to 22555/22760/23000. Bears will get active below 21773 for a move back to 21500/21225/21000.
Bank Nifty July Future Open Interest Volume is at 13.5 lakh with addition of 1 Lakh, with increase in Cost of Carry suggesting long positions were added today. Bank nifty Rollover cost @21720 closed below it.
23000 CE is having highest OI @10.3 Lakh resistance at 22500 followed 23000.20000-23000 CE added 2.4 Lakh in OI so bears added position in the zone of 21500-22000.
21500 PE is having highest OI @5 Lakh, strong support at 21500 followed by 21000.20000-23000 PE added 12.2 Lakh OI so bulls making support in the range of 22000-22500.