Partner With Us NRI

Intraday Outlook: Buy Bank Nifty in the range of 43100-43150

Nifty F&O View:

For today’s weekly expiry, the Nifty is expected to face resistance at higher levels as healthy Call writing was observed at 18700 and 18800 levels. However, our bias remains positive and dips towards 18500 levels should be used to create fresh long positions 

Sell Nifty 18300 Put option (December 15 expiry) in the range of Rs 40-42 Target: Rs 20 Stop loss: Rs 51

Bank Nifty F&O View:

On Thursday, the Bank Nifty is also expected to remain subdued as aggressive Call writing at higher levels is likely to keep upside limited. However, 43000 Put strike holds substantial OI, which should act as immediate support 

Buy Bank Nifty future in the range of 43100-43150 Target: 43350-43450 Stop loss: 43000