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$ For The Trade $

$ For The Trade $

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Disclaimer :This Channel Is Made For Educational Purpose Only.If anyone takes trade 🙏 please trade your own risk.No One Will Responsible For Profit & Loss.I am Not SEBI Registered Person.I am Not Responsible for any kind of profit & loss

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View is neutral to bearish and watching for failed pullback to add shorts

OI of Nifty Bank Futures is down by -0.2% and there is Long Unwinding

BNf held up a bit better and It’s taking support from the middle of the channel, which might offer some cushion — but momentum is still weak

BANK NIFTY ANALYSIS

View neutral to bearish, If the market gives a bounce, we’ll look to sell on upticks. No signs of strong demand yet

OI of Nifty 50 Futures is up by 4.34% and there is Short Buildup

Support at 22000 and resistance at 22500

PCR is 1.22 around ATM and 0.6 overall – not reliable The 22,000 PE had existing OI from previous sessions, and there’s no aggressive new put writing seen- which means no real bottoming signs yet

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OI & Technicals

this was a clean breakdown

NIFTY ANALYSIS

Sectors like metals and pharma were the worst hit, Metals fell over 6.7%, pharma and IT followed suit. Big names like HDFC Bank, ICICI Bank, and Reliance all slipped by 3.5%+

Nifty 50 crashed 3.24% to close at 22,161 and Nifty Bank declined 3.19%

Yesterday wasn’t pretty. The Indian stock market took a heavy hit —the biggest single-day fall in nearly 10 months.

Good morning, all

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