In today's session some longs are added to Nifty futures(+0.25%), but this is not a significant addition, so it can be assumed that still some upside left in Nifty(may be till 10420-10470).
For BankNifty fresh longs are added, it can be assumed that BankNifty looks much stronger than Nifty. Upcoming datas like IIP and Inflation can impact its movement and outcome GST meeting too will have an impact. If positive reaction then BankNifty may head towards 25900 lets wait and watch......
OI data attached.....
For BankNifty fresh longs are added, it can be assumed that BankNifty looks much stronger than Nifty. Upcoming datas like IIP and Inflation can impact its movement and outcome GST meeting too will have an impact. If positive reaction then BankNifty may head towards 25900 lets wait and watch......
OI data attached.....