As Discussed in Last Analysis As tommrow is very important Astro Date suggesting another big move will be seen in next 2 trading sessions. Bulls need to move above 24900 for a move back to 25078/25200/25386. Bears below 24610 will be back to 24500/24366/24225/24100. We saw the effect of Astro date and once 24610 broken all target down on downside. Now Bulls need to break 23930 for a move back to 23700/23500/23210. Bulls will get active above 24300 for a move back to 24420/24656/24800.
Bank Nifty Nov Future Open Interest Volume is at 11.8 lakh with addition of 3.2 Lakh, with increase in Cost of Carry suggesting short positions were added today. Bank nifty Rollover cost @21225 closed above it.
24500 CE is having highest OI @40 Lakh resistance at 24500 followed 24800.23000-25000 CE added 22 Lakh in OI so bears added position in the zone of 24800-25000
23500 PE is having highest OI @28 Lakh, strong support at 23500 followed by 23200.23000-25000 PE added 25 Lakh OI so bulls making support in the range of 23500-23800.