Thursday, June 10, 2021

BankNifty Outlook 10 June 21

  

BankNifty Outlook


Key  Data

Call Max Traded Strike Price35000.00
Call Max Traded SP Contracts41634
Call Option Open Interest3562.18 K
Call Option OI Chg %1.91
Put Max Traded Strike Price35000.00
Put Max Traded SP Contracts54779
Put Option Open Interest3069.05 K
Put Option OI Chg %1.45

Put Call Ratio - 24/06/2021

Put Open Interest3069.05 K
Call Open Interest3562.18 K
PCR Open Interest0.862
PCR OI ReadingBearish
Put Contracts Traded278407.00
Call Contracts Traded298013.00
PCR Volume0.934
PCR Vol ReadingBearish


EXPLEOSOL | Stock Analysis And Price Outlook


Chart & Outlook


Friends as discussed yesterday that a short covering can be seen today and in that short covering Banknifty can test 35378 and Banknifty was performing  near about on our expectation.
But later in the second half a profit booking seen in the market and Banknifty also loose there day gain and closed in negative territory .

Now this weakness in Banknifty can extend to 34562 levels then expect recovery in the Banknifty . 
For tomorrow in the first half a recovery can be seen  but later in the second half again fall can be seen in the Banknifty. As tomorrow is weekly expiry too so market can remain choppy and volatile. So execute your trade accordingly.



GRANULES | Strong Fundamental And Future Out Performer



Thanks for your Precious Time.


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Disclaimer- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader, user and company that are mention on this website. We are not SEBI registered financial advisor or analyst.

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