As Discussed in Last Analysis Bears were able to close below 21470 and now waiting for 21280/21031/20900. Below 21280 we can see fast fall towards 21031/20900. Bulls will get active above 21555 for move towards 21721/21900. Bears were unable to do target on downside and bulls unable to break 21555. Bulls will get active above 21555 for move towards 21721/21900. Bears below 21400 for move towards 21280/21031/20900.Tomrow is alst trading day and we have trading Holiday on Friday 02 Oct.
Bank Nifty Oct Future Open Interest Volume is at 16.9 lakh with addition of 1.33 Lakh, with decrease in Cost of Carry suggesting long positions were added today. Bank nifty Rollover cost @21225 closed above it.
22000 CE is having highest OI @12 Lakh resistance at 21800 followed 22000.21000-23000 CE added 122 Lakh in OI so bears added position in the zone of 21500-21800
21400 PE is having highest OI @10 Lakh, strong support at 21400 followed by 21100.20000-22000 PE added 15 Lakh OI so bulls making support in the range of 21000-21200.
