As Discussed in Last Analysis Now as we will see a gap up open tommrow Bulls need to hold 32001 for a move towards 32354/32666/32999. Bears below 31880 can see quick fall towards 31615/31460/31304/31150. Tommrow first 15 mins High and low will decide the trend for the day as we have important moon astro date today. Bears were able to do 2 target on downside and bulls were able to close above 32001. Now Bulls need to hold 32001 for a move towards 32385/32666/32830. Bears below 31880 can see quick fall towards 31615/31460/31304/31150.
Bank Nifty April Future Open Interest Volume is at 18.9 lakh with addition of 2 Lakh, with increase in Cost of Carry suggesting LONG positions were added today. Bank nifty Rollover cost @33759 closed below it.
33000 CE is having highest OI @19.1 Lakh resistance at 32500 followed 33000.33000-35000 CE added 17.2 Lakh in OI so bears added position in the zone of 33000-34000.
31500 PE is having highest OI @15.3 Lakh, strong support at 31500 followed by 32000 .31000-32000 PE added 28.3 Lakh OI so bulls making support in the range of 31300-31500.