BANK NIFTY FAILED TO MOVE ABOVE 32160 AND WE SAW CLOSED NEAR 31700 LEVELS. HOLDING BELOW 31800 CAN SEE 31585 AND BELOW THAT 31340 & 31296 LEVELS. ONLY ABOVE 31840 CAN SEE 32K-32100 LEVELS.

WEEKLY CLOSING BELOW 31444 CAN SEE 31000-30500 LEVELS IN COMING WEEKS. WEEKLY CLOSING ABOVE 32050 CAN SEE 32500 LEVELS IN COMING WEEKS.

SUPPORT: 31630-31585-31500-31444-31340-31296-31198-31030-31000.

RESISTANCE: 31840-31980-32070-32100-32150-32200-32270.

BANK NIFTY OPTION FOR 06/12/2019:

BUY 31800 CE 12 DEC@272+ STOP 230 TGT 295-317-335-360-400-435-500.

BUY 31500 PE 12 DEC@202+ STOP 172 TGT 218-227-248-277-300-330-400.

HOLDING 31500 PE STOP 145.

PE TO BUY BELOW 31650 BNS, CE ABOVE 31815 BNS.