NIFTY AND BANK NIFTY ANALYSIS FOR 06 DEC 2022
05 Dec 2022 2000 Hrs
1. US and Europe is neutral to bullish and Asia is bearish.
2. There has been a slight increase in the VIX which showed in today's movements.
3. Reliance is very bearish . HDFC Bank is range bound and oversold. ICICI Bank is neutral to bearish.
4. Highest call OI is at 19000 followed by 18800 and 18700. Not much put OI is seen except @ 18600.
5. Highest call OI in Bank Nifty is at 43500 and put OI is at 43000. Bank Nifty may trade between these ranges.
Analysis
1. Nifty is more bearish compared to Bank Nifty. Reliance is also looking bearish.
2. Bank Nifty is neutral to bullish.
3. I will trade Bank nifty on the long side if HDFC and ICICI fires. Tgt 43500 . Any dips is a buying opportunity.
4. I will trade Nifty on the short side if there is break down below 18600 tgt 18500.
1. US and Europe is neutral to bullish and Asia is bearish.
2. There has been a slight increase in the VIX which showed in today's movements.
3. Reliance is very bearish . HDFC Bank is range bound and oversold. ICICI Bank is neutral to bearish.
4. Highest call OI is at 19000 followed by 18800 and 18700. Not much put OI is seen except @ 18600.
5. Highest call OI in Bank Nifty is at 43500 and put OI is at 43000. Bank Nifty may trade between these ranges.
Analysis
1. Nifty is more bearish compared to Bank Nifty. Reliance is also looking bearish.
2. Bank Nifty is neutral to bullish.
3. I will trade Bank nifty on the long side if HDFC and ICICI fires. Tgt 43500 . Any dips is a buying opportunity.
4. I will trade Nifty on the short side if there is break down below 18600 tgt 18500.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.