The bank nifty made a positive close for the 217 points up. bank nifty tried to go up but 32200 was the strong resistance for the day.
The highest open interest on the put side is 70800 on the 42000 strike price.
the highest open interest on the call side is 24950 on the 43000 strike price.
If bank nifty breaks 42,200 strong support and close above this level 42500 is the resistance for the day.
HDFC BANK prediction:
– HDFC BANK is now near its resistance of 1599 if it breaks this level then its next target is 1610.
ICICI Bank Ltd:
ICICI BANK is consolidating now its major support is 850 and resistance is 876.
tate Bank of IndiaState Bank of India is trying to hold support it breaks the 599 level next resistance is 609 and the support is 587.
Kotak Mahindra Bank Ltd
:Kotak Mahindra Bank Ltd is making a triangle pattern on 30 mint chart. its major support is 1771 and resistance is 1825 for the day.