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MTECHTIPS BANKNIFTY FUT intraday trading analysis 12-08-2015

MTECHTIPS BANKNIFTY FUT intraday trading analysis 12-08-2015
MTECHTIPS Banknifty Aug Future Today Closed At 18699 With Loss Of 261 Points. In Intraday, Banknifty Future Hit High Around 18999 While Low Was At 18630. Almost 400 Points Intraday Range And Closed With Loss. 10% Open Interest Suggesting Strong Hands Short Addition In Banknifty Index. Option Side, Banknifty 19500 Call Options Writing Seen. For Tomorrow, 18300 And Then 18070 Are Strong Support Zones While On Upside 18780 And 19000 Are Strong Resistances As Well As Stop Loss For Short Positions.
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