banknifty 29th july 2020

as per oi data
22500 is a good resistance
buying tgt is upto-22500-22600
and new support is 22500
as per oi data.
keys
1- short covering in put side( itm )/call side itm
2- long buildup in put side(otm)/call side otm
3.rsi-57.44
4.important levels
22200ce, 22300ce and 22400ce
22000pe,21900pe,21800pe
5. positive view of banks ( hdfc ,SBIN, AXISBANK , kotakbank , RBLBANK , IDFCFIRSTB, INDUSINDBK, BANDHANBNK )
mildly positive ( icicibank , FEDERALBNK , )
negative view (PNB, BANKBARODA )

Please do your own analysis before trade.
This is only for education purpose.
Chart PatternsTechnical IndicatorsTrend Analysis

Clause de non-responsabilité