Nifty tomorrow,bank nifty on 24 February 2020

Nifty Tomorrow

Hi readers,
                              Nifty 50 index on last session closed on negative note by 45 points and fall
 by 80 points from his intra-day high making bearish candle on closing end of day closed below important pivot point that is 12107.40 and also closed below 39 moving average that is121126.35
 where as  nifty bank closed on 104(30942.85) point upside by made positive closing.Nifty opened on sharp gap up made intra high 12150+ and reversed in last session of market hours.Here posting some snapshot data of benchmarks for upcoming session or week.
Indian markets or also global   markets had scare about corona virus infection in china still,therefore Friday night Us market are closed in negative notes

Technical data for Monday on date 24 February 2020.

2.Option chain data 

i.Option chain data (Nifty 50)

1	Highest open interest call strike price	12200
2	Highest open interest put strike price	12000

    12200  call strike price have 3,446,250 open interest with adding 1,328,475 contracts in last session ,whereas 12000  put had 3,998,025 open interest highest change in oi put side on 11700 level

ii.Option chain data (Nifty Bank)

1	Highest open interest call strike price	31500
2	Highest open interest put strike price	30500

2.Support and Resistance (as per pivot)

 i.Nifty 50

PIVOT POINT		12100.9
SUPPORT 1	12067.1	RESISTANCE 1	12159.7
SUPPORT 2	12008.3	RESISTANCE 2	12193.5
SUPPORT 3	11974.5	RESISTANCE 3	12252.3

ii.Nifty Bank

PIVOT POINT		30797.1
SUPPORT 1	30647.2	RESISTANCE 1	30988.2
SUPPORT 2	30456.1	RESISTANCE 2	31138.1
SUPPORT 3	30306.2	RESISTANCE 3	31329.2

3.Technical indicators


 i.Nifty

1	RSI	49.77	Neutral
2	MACD	-7.64	Overbought
3	ADX	20.63	Neutral
4	STOCH	92.999	Neutral

 
 ii.Nifty Bank

1	RSI	48.5	Neutral
2	MACD	-151.9	Sell
3	ADX	25.26	Sell
4	STOCH	96.3	Overbought

 4.Candlestick Pattern

i.Nifty:Bearish red candle
ii.Nifty Bank: Doji type candle

Disclaimer: This post not suggesting any tips/recommendation for any stock/index/script
  to buy or sell just posting as per technical data as per technical indicator
 suggesting,for study purpose only.