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Nifty Bank Index

BANKNIFTY ANALYSIS FOR TOMORROW 14-12-2021

Oleh FNOSURE
A gapup and then sideways and then Profit Booking...Bulls tried their everything to make the BankNifty to push towards new high. We were observing Option Chian DATA closes from morning and Booked Good Profit in 37500 PE. Now As per Data 37000 become crucial level and on breaking 37500 next support is 36800 and then finally 36500. If Market open gap down and went to 36500 level from there we can see bounce back and If Bank Nifty open flat or little Gapup then We will have to see the Option Chain again for taking any position in long as market may go again in sideways zone. We will trad according. for 36500 CE and 37000 PE as per market movement and Global clues as many event are coming

OI PCR 0.73
:)
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