pn202377

Bear market expected on 29/12/2021 but still market is supreme

pn202377 Uppdaterad   
NSE:BANKNIFTY   Nifty Bank Index
Before every analysis I always look after the option chain data for Banknifty. I went to sensibull and just shocked 😱😱.

Option chain data is showing almost 1544 lakhs contracts were sold in 35000-35500 call options. So a big pressure and that's the reason market can't go up or gives closing above 35500 mark.

Again a bear market 😐😐🙄🙄.

Intraday level is given in this above photo for 29/12/2021
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Sorry the option chain details are wrong this may be due to any technical glitch
Intraday level is given in this above photo for 29/12/2021
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