Bank Nifty Feb Future Open Interest Volume is at 22.3 lakh with liquidation of 0.11 Lakh, with decrease in Cost of Carry suggesting short positions were added today. Bank nifty Rollover cost @27248, closed below it and corrected 2248 points.
26000 CE is having highest OI @5.2 Lakh resistance at 26000 followed 26500.25000-27000 CE added 6.3 lakh in OI so bears added position at higher levels.
25000 PE is having highest OI @5.5 Lakh, strong support at 25000 followed by 25300.25000-27000 PE added 0.94 lakh in OI still strong support at 25000-25100 .
Bank Nifty Futures Trend Deciding level is 25648 (For Intraday Traders). BNF Trend Changer Level (Positional Traders) 25643. How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .