As per Bank nifty chart in 15 min
we can see sell on rise on descending trend line
correction are sold into
until bnf cant break the imp trend line we cant go long , as sellers are strong
on above levels
Bank Nifty Open Interest :
34000 AND 35500 IS MAX OI STRIKES
means strangle are done , selling fixed range
34500 smart players made straddles here for better premium
as per sellers market is not breaking breakeven to see good moves in bnf .
PCR
0.6935
Max Pain
34600
#HDFCBANK got support at 1300 for follow up buying 1350 need to break
