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MTECHTIPS BANKNIFTY FUT intraday trading analysis 13-08-2015

MTECHTIPS BANKNIFTY FUT intraday trading analysis 13-08-2015

MTECHTIPS Banknifty Aug Future Today Closed At 18153 With Loss Of 534 Points. In Intraday Banknifty Hit High Around 18600 While Low Was At 18054. Total 550 Points Intraday Range And Sharp Selloff By Strong Hands. 7.5% Open Interest Addition Suggest Fresh Shorts Added In Banknifty. Targets Of 18300 And 18100 Is Achieved In Single Session. Option Side, Banknifty 19000 Call Options Writing Continues. Here Risky Traders Can Keep Buy And Accumulate View For Technical Bounce Back Up To 18800.
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