BankniftyFuture last close: 39120.60 (-1.1%)
Highest open interest added on CE side which was added 2.97 crore while PE side added 1.62 crore
Which is indicating sell on rally
Highest OI was seen 39500CE followed by 40000CE. On PE side there is no significant OI.
39000CE and PE seen equal OI
However, BankniftyFuture is facing a intraday resistance 39225 and 39350
If stays above 39350 will try to move 39500
But, stay caution at higher levels!!
On other side, BNF can be considered as supports as 39050-38975
Below 38975…. will try to check 38800 and 38650
More live market update will be sent to my clients only
Updated: 08.21 am / 11th Nov 2021