Nifty Banknifty stocks Market Solution
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Share market TECHNICAL ANALYSIS based on CANDLESTICK, HEIKIN ASHI, RENKO, CAMARILLA & ELLIOT WAVE. We are not registered with SEBI,all view for educational purpose only, ask your advisor before making investment.
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Orange 1 hr trendline
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Blue 15 mins trendline
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Pink 5 mins trendline
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Yellow 1 min trendline
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Blue resistance level and red support level
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Now as per chart 31100 is big support and 31450 is big Resistance in overall
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heavy writing at 31500call and 31200 put means they are S & R as per NSE writng
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calls having short build and below 31200 lelvel short covering means they are not expecting to go below 31200 so covering shorts but rest all short build up means premium erosion
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HDFCBANK call option having long liquidation and also short build means they expecting some fall in hdfcbank