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MTECHTIPS BANKNIFTY FUT intraday trading analysis 21-08-2015

MTECHTIPS BANKNIFTY FUT intraday trading analysis 21-08-2015

MTECHTIPS Banknifty Aug Future Today Closed At 18330 With Loss Of 401 Points. In Intraday Banknifty Future Hit High Around 18743 While Low Was At 18240. Total 500 Points Intraday Range And Closed With Loss.14% Addition In Open Interest Suggest Heavy Short Addition To Index. Banknifty 19000 Call Options Writing Continues. For Banknifty 18k And Then 17560 Are Major Support Zones. Tomorrow Banknifty Might Test 18k Level. But Medium To Long Term Investors Must Keep Buy And Accumulate View On Decline.

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