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Showing posts from July, 2025

Banknifty analysis 7 july 2025

 Let's break down the Bank Nifty analysis based on the data and charts.  📌 Summary (Bank Nifty @ 57044.80) Trend: Slightly bullish Price Change: +239.95 points (+0.42%) PCR (Put-Call Ratio): Total OI PCR: 0.96 — neutral to bearish Trend over time: Decreasing PCR indicates call writing increasing (bearish sentiment growing) --- 🔍 Key Observations from Charts & OI Data 1. Support and Resistance Levels ➤ Major Support Zones: 57000: Highest put OI (13.12L), strong base 56700: Decent support (Put OI: 1.99L) 56500: Light support, Put OI: 5.71L but not increasing ➤ Major Resistance Zones: 57500: Strong resistance (Call OI: 9.30L) 57200–57400: Layers of call writing here 57000: Also has high call OI (11.09L), indicating straddle buildup --- 2. Change in OI (Sentiment Insight) Call OI Addition: Seen at 57000, 57400, 57500 — resistance being strengthened Put OI Unwinding: Especially at 57200, 57400 — weakening support at higher levels Net Effect: Bearish tone above 57000 --- 3. In...

Banknifty analysis for 4 July 2025

 Based on Bank Nifty data (price chart, RSI, open interest analysis, and option chain), here’s a breakdown of the current support/resistance levels and the most logical intraday trade setup: 📉 1. Price Action + RSI Analysis  (chart view): Price: ₹56,772.75 (as of last candle close) RSI: 36.12 – indicating weak momentum, approaching oversold but not quite there. Recent Trend: Price made a lower high and is now pulling back. A breakdown of 56,700 could intensify the fall. --- 🔍 2. Open Interest Analysis (Monthly Expiry - 31 July 2025) 📊 Key Open Interest Levels: Highest Call OI: 57000 CE → 10.11L (Strong resistance) Followed by 56800 and 56700 CE Highest Put OI: 56500 PE → 5.15L (Support) Followed by 56800 and 56900 PE 🟣 PCR (Put/Call Ratio): Overall PCR: 0.93 → Slightly bearish/balanced Recent Drop in PCR: Indicates rising call writing and reduced bullishness. 🔄 OI Change: Big Call addition at 57000 → Strengthens resistance Puts are unwinding at 56500 and 56400 → Weakening...

Banknifty analysis for 3 july 2025

 Here's a breakdown of your Bank Nifty analysis based on price action, OI (Open Interest) data, and RSI: ✅ 1. Major Support and Resistance (based on OI and chart) 🔽 Major Support Zone (Strong Put Writing): 57000 (PE OI = 12.07L) – Strongest put base 56800 (PE OI = 1.56L) and 56900 (PE OI = 1.27L) – Additional support RSI is also rebounding from oversold (~25 level), indicating potential bounce. > Conclusion: Support zone = 56800 – 57000 -- 🔼 Major Resistance Zone (Strong Call Writing): 57000 (CE OI = 9.18L) – Heavy call writing despite being ATM 57300 (CE OI = 2.48L) and 57500 (CE OI = 8.98L) – Additional resistance > Conclusion: Resistance zone = 57300 – 57500 --- 📊 2. Confirmed Trade Setup (Intraday) ✅ Bullish Breakout Confirmation: If BankNifty breaks and sustains above 57000 with volume + RSI > 40, and 57000 CE unwinding starts: Buy Call (e.g., 57200 or 57300 CE) Target: 57300–57500 Stop loss: 56900 ❌ Bearish Breakdown Confirmation: If BankNifty breaks and sustains ...

Banknifty analysis for 2 july 2025

 Based on charts and data for Bank Nifty (Expiry 31 July 2025), here's a detailed analysis:- 📊 Price Chart & RSI (15 min) Analysis Current Price: ₹57,442.70 Price Action: Ranging between ₹57,200 and ₹57,600 after a sharp upside. RSI: ~57.95 – neutral zone (not overbought or oversold). Candlestick: Consolidation visible near the top of the intraday rally, suggesting either breakout or reversal potential.-- 📈 Open Interest (OI) Analysis – Option Chain Top OI Buildup (Strongest Support & Resistance): Resistance Levels (CALL OI): 57,000 CE – 7.31L (OI dropped -37K) ✅ 57,500 CE – 7.02L (OI added +56.9K) 58,000 CE – 9.00L (Strongest resistance) Support Levels (PUT OI): 57,000 PE – 12.07L (Huge buildup +84.5K) ✅ 57,200 PE – 3.10L (OI buildup +94.2K) ✅ 57,500 PE – 6.12L (Strong support) --- ⚖️ PCR (Put/Call Ratio) Analysis Overall PCR: 1.09 → Bullish bias Strike-wise PCR: Max support around 57,000–57,200 (higher PUT OI) Resistance building around 57,500–58,000 --- 📉 OI Change Ch...