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MTECHTIPS BANKNIFTY FUT intraday trading analysis 04-08-2015

MTECHTIPS BANKNIFTY FUT intraday trading analysis 04-08-2015

MTECHTIPS Banknifty Aug Future Today Closed At 18936 With Gain Of 100 Points. In Intraday, Banknifty Future Hit High Around 19070 While Low Was At 18835. Total 235 Points Intraday Range And Closed With Gain. 2% Cut In Open Interest Suggest Short Covering By Trapped Traders. Option Side, Banknifty 19500 Call Options Writing Continues. For Tomorrow Below 19050 There Are Major Chances Of Correction Wave.
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