Wednesday, June 16, 2021

BankNifty Outlook 16 June 21


BankNifty Outlook

Key  Data

Put Call Ratio - 24/06/2021

Put Open Interest4134.05 K
Call Open Interest4762.48 K
PCR Open Interest0.868
PCR OI ReadingBearish
Put Contracts Traded342216.00
Call Contracts Traded393842.00
PCR Volume0.869
PCR Vol ReadingBearish

Put / Call Options

Call Max Traded Strike Price36000.00
Call Max Traded SP Contracts59784
Call Option Open Interest4762.48 K
Call Option OI Chg %8.54
Put Max Traded Strike Price35000.00
Put Max Traded SP Contracts54568
Put Option Open Interest4134.05 K
Put Option OI Chg %16.60

MANGALAM | Potential Performer | Stock Analysis And Price Outlook

Chart & Outlook

Today Banknifty shown more strength than Nifty and sustained nearly at top , showing a sign of fresh strength . Banknifty is showing sluggish movement and trading in a  zone  of 34564 - 35810.
Today Banknifty again take support from bottom of the zone and closed near day high.

Although for tomorrow looks positive .But Banknifty is still in no decision zone . Until not sustain above 35500 for sometime , long position should be avoided. If available near 34564 then consider for taking long position. Adopt wait and watch.

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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