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$ For The Trade $

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$ For The Trade $
$ For The Trade $
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Support: 50,300 and Resistance: 50,750

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$ For The Trade $
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OI of Nifty Bank Futures is down by -6.01% – this is also Short Covering.

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It’s still struggling to close above the upper end of the channel.

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Bank Nifty also recovered well, making a long-legged candle

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BANK NIFTY ANALYSIS

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View: Neutral to slightly bearish, if 22700 breaks then view can change

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Resistance: 22700 and above

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Support: 22500 and 22,300

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$ For The Trade $
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OI of Nifty 50 Futures is down by -5.9% – indicating Short Covering

$ For The Trade $
$ For The Trade $
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photo content

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OI Data & PCR:

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This bounce has formed a bullish candle, but resistance at 22700 is still intact.

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$ For The Trade $
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Nifty opened higher, touched 22697 and closed strong near 22535

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NIFTY ANALYSIS

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Nifty 50 closed up by 1.69% at 22535, recovering sharply Bank Nifty also moved up by 1.31%, closing around 50511

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$ For The Trade $
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After Monday’s bloodbath, markets saw a strong bounce back yesterday.

$ For The Trade $
$ For The Trade $
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Good morning, all

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$ For The Trade $
$ For The Trade $
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Let’s see what happens in the market today

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Stock markets All World❤️❤️🔻🔻 🇭🇰 Hong Kong: -13.6% 🇹🇼 Taiwan: -9.6% 🇯🇵 Japan: -9.5% 🇮🇹 Italy: -8.4% 🇸🇬 Singapore: -8% 🇸🇪 Sweden: -7% 🇨🇳 China: -7% 🇨🇭 Switzerland: -7% 🇩🇪 Germany: -6.8% 🇪🇸 Spain: -6.4% 🇳🇱 Netherlands: -6.2% 🇦🇺 Australia: -6.2% 🇫🇷 France: -6.1% 🇬🇧 UK: -5.2% 🇲🇾 Malaysia: -4.5% 🇵🇭 Philippines: -4.3% 🇮🇳 India: -3.24% 🇷🇺 Russia: -3.8% 🇸🇦 Saudi: -3.3% 🇹🇷 Turkey: -2.8%