SGX Nifty is trading mild red taking cues from Dow which lost all gains and closed flat.
Levels based on chart
Bank Nifty support at 39200 Resistance at 39570
FII data analysis
FIIs and pros are short while Retails are long but this data contains expiry contracts so less reliable.
Nifty Bank Nifty levels based on OI
17000 is support and 17100 is resistance expecting Nifty to get support from IT stocks
39400 is support that will be broken at opening with next support at 39000 Resistance is at 39500 for todays session while 40000 is the resistance for this expiry.
Happy Trading !!!
