Sunday, June 27, 2021

BankNifty Pre Market Analysis 28 June | Outperformer


bank nifty pre market analysis.

BankNifty Analysis

The Bank Nifty opened positive at 34,916.65 and moved north through the day. Banking stocks took the index to 35,491.95 levels and recovered losses of the previous week.

The index rallied 537.70 points or 1.54 percent to close at 35,364.70 and formed a bullish candle on daily scale, and a bullish engulfing candle on the weekly frame.

HDFCBANK| Stock Price Analysis | Outperformer

Key  Data

Futures & Options of BANK NIFTY

Near Expiry date29/07/2021Lot Size25
Stock Close Price35364.6Trade Date25/06/2021
Futures Summary
Closing Price35488.65Premium/Discount124.05
Previous Close35001.45Change %1.39
Futures OI1939.22 KChange %4.60
Futures Contracts142.53 KChange %53.83
Call Summary
Max Traded Strike Price36000.00Contracts30.54 K
Cumulative Call OI2459.68 K% Change10.13
Put Summary
Max Traded Strike Price35000.00Contracts37.20 K
Cumulative Put OI2625.88 K% Change14.10

EXPLEOSOL | Stock Analysis And Price Outlook

Put Call Ratio - 29/07/2021

Put Open Interest2625.88 K
Call Open Interest2459.68 K
PCR Open Interest1.07
PCR OI ReadingStrong Bearish
Put Contracts Traded211840.00
Call Contracts Traded214264.00
PCR Volume0.989
PCR Vol ReadingBearish

Chart & Levels

banknifty ,

Friends latest move in Banknifty clearly suggest that there will be strong upmove in the upcoming week. Now Banknifty can test the levels of 35838 - 36374 in the next week. So stay with positive side trade and avoid short position. Follow Buy on dips strategy.

Upcoming week Banknifty will outperform the Nifty. If want to make position in Index then prefer Banknifty instead of Nifty.

35032 - 34854 will act immediate support in any routine correction.

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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