re: Day trading Nifty & Banknifty Futures
oi analysis of yesterdays close still indicates that the call oi are 5 times more than puts.
the 50:50 deciding level being 6150 spot. max pain at 6100. strong resistance at 6300, comparatively weak support at 6100 and 6000. anyway will update the situation after market open. All indicative of bearishness.
nifty spot supports at 6150 - 6143 - 6121 - 6100 - 6077 - 6050 - 6011 - 6000
resistances 6187 6200 - 6230 - 6250
oi analysis of yesterdays close still indicates that the call oi are 5 times more than puts.
the 50:50 deciding level being 6150 spot. max pain at 6100. strong resistance at 6300, comparatively weak support at 6100 and 6000. anyway will update the situation after market open. All indicative of bearishness.
nifty spot supports at 6150 - 6143 - 6121 - 6100 - 6077 - 6050 - 6011 - 6000
resistances 6187 6200 - 6230 - 6250