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MTECHTIPS BANKNIFTY FUT intrday trading analysis 26-03-2015

MTECHTIPS BANKNIFTY FUT intrday trading analysis 26-03-2015
MTECHTIPS Banknifty future last closed at 18298 with loss of 94 points. In intraday banknifty, future recorded high around 18474 while low was around 18290 . Total 250 points intraday range and index closed with loss. On option side 18500, call options strong writing seen. On future side, -13.81% cut in open interest suggests profit booking. For tomorrow, future above 18k keep buy view with stop loss below 17800 for target 18550-18850.
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