Bank Nifty Outlook for Tomorrow 18 August 2023

traderxingh
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Bank Nifty Outlook for Tomorrow 18 August 2023

Bank Nifty and Nifty movement in the morning session was completely opposite and many traders had to take stop loss on both the sides.

Movement in Bank Nifty also was completely sideways and closed just 55 points down in the whole Day. Option Premiums melted as it was expiry.

Bank Nifty Resistance Levels For Tomorrow

  • 44100
  • 44252
  • 22500

Bank Nifty Support Levels For Tomorrow

  • 44699
  • 43447
  • 43299

Use these levels on 15 Minute Time Frame Only.

Bank Nifty Option Chain Data For Tomorrow

Bank Nifty Option Chain Data For Tomorrow

Bank Nifty Option Chain Data for tomorrow is neutral as there are almost equal number of CE and PE OIs at ATM and Nearest Strike Prices for Upside and Downside.

Also Read: Nifty Outlook for Tomorrow 18 August 2023

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Kamaljeet Singh is the founder of tradersingh.com and has 5 years of experience in the financial markets. He aims to make trading and investing easy to understand for everybody and has been featured on Business Insider, Investors Business Daily, Newsweek, GOBankingRates, capital.com, investing.com and other major publications.
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