As Discussed in Last AnalysisTommrow being Expiry Bulls will get active above 21400 for a move back to 21665/21800. Bears below 21000 can move towards 20878/20600/20333. Sun Ingress has shown its effect and we saw the fall from one gann angle to another as shown in below chart.Bears need to break 20300 for a move back to 20164/19881/19683. Bulls need to move above 20740 for a move back to for a move back to 20900/21100/21316.
Bank Nifty Oct Future Open Interest Volume is at 16.6 lakh with addition of 4.6 Lakh, with increase in Cost of Carry suggesting short positions were added today. Bank nifty Rollover cost @21428 closed below it.
21000 CE is having highest OI @9.5 Lakh resistance at 21000 followed 21500.21000-23000 CE added 22 Lakh in OI so bears added position in the zone of 21500-21800
20000 PE is having highest OI @10 Lakh, strong support at 20000 followed by 19800.20000-21000 PE added 15 Lakh OI so bulls making support in the range of 19800-20000.