as we analysed yesterday, we expected a sideways market today and we did see that today, but huge rise in OPEN INTEREST can be witnessed in OPTION CHART in far OTM strike prices which indicates some huge move which is about to come and its about over a month BANKNIFTY has been consolidating in 1000 point range ever since and we have already seen NIFTY at its ALL TIME HIGH and we can expect the same in BANKNIFTY anytimme sooner
levels that needs to be focused are mentioned in the chart
levels that needs to be focused are mentioned in the chart