NIFTY
15800 - Support.
Longs - 79.50L (Intraday - 26.03L)
Shorts - 9.97L (Intraday - 6.48L)
15900 - Strong Support.
Longs - 92.79L (Intraday - 52.68L)
Shorts - 38.51L (Intraday - 34.67L)
16000 - Resistance.
Longs - 54.96L (Intraday - minus 8.21L)
Shorts - 97.12L (Intraday - 83.92L)
16100 - Resistance.
Longs - 14.73L (Intraday - minus 19.71L)
Shorts - 62.23L (Intraday - 55.36L)
16200 - Strong Resistance.
Longs - 33.35L (Intraday - minus 14.39L)
Shorts - 92.57L (Intraday - 54.73L)

BANKNIFTY
33000 - Support.
Longs - 19.82L (Intraday - 12850)
Shorts - 1.17L (Intraday - 1350)
33500 - Support.
Longs - 15.53L (Intraday - minus 725)
Shorts - 3.02L (Intraday - 3575)
34000 - Support.
Longs - 19.70L (Intraday - 1.30L)
Shorts - 8.12L (Intraday - 52025)
34200 - Congestion zone.
Longs - 10.66L (Intraday - 1.00L)
Shorts - 11.56L (Intraday - 1.03L)
34500 - Resistance.
Longs - 7.21L (Intraday - 15350)
Shorts - 32.39L (Intraday - 1.27L)
35000 - Resistance.
Longs - 1.12L (Intraday - 3075)
Shorts - 25.96L (Intraday - minus 23725)

Data negative for both the indices. VIX increased again indicating volatility is going to be there. DOW FUT is flat.
Markets would be range bound for the first half. Move on either side of the range would be crucial for the next move.
Bounce should be used for selling.

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NIFTY
15800 - Strong Support. Both Long and Short build up.
Longs - 93.20L (Intraday - 39.73L)
Shorts - 17.94L (Intraday - 14.44L)
15900 - Congestion zone earlier Support. Long unwinding and Short covering.
Longs - 80.20L (Intraday - 40.10L)
Shorts - 85.52L (Intraday - 81.67L)
16000 - Strong Resistance. Long unwinding and Short build up.
Longs - 37.85L (Intraday - minus 25.31L)
Shorts - 1.39CR (Intraday - 1.26CR)

BANKNIFTY
33000 - Support. Both Long and Short build up.
Longs - 54.48L (Intraday - 34.78L)
Shorts - 4.15L (Intraday - 2.99L)
33500 - Resistance. Both Long and Short build up. Short build up is dominating.
Longs - 34.26L (Intraday - 18.71L)
Shorts - 45.95L (Intraday - 42.96L)
34000 - Resistance. Long unwinding and Short build up.
Longs - 8.41L (Intraday - minus 9.98L)
Shorts - 32.98L (Intraday - 25.37L)
34200 - Resistance. Long unwinding and Short build up.
Longs - 3.74L (Intraday - minus 5.91L)
Shorts - 15.64L (Intraday - 5.12L)
34500 - Resistance. Long unwinding and Short build up.
Longs - 4.37L (Intraday - minus 2.69L)
Shorts - 38.19L (Intraday - 7.07L)

Data is turned more negative than morning. DOW FUTs flat and VIX is high.
Use bounce to create short positions.

NIFTY
15800 - Support. Both Long and Short build up.
Longs - 1.06CR (Intraday - 52.60L)
Shorts - 34.50L (Intraday - 31.00L)
15900 - Resistance. Long unwinding and Short build up.
Longs - 47.72L (Intraday - 7.62L)
Shorts - 1.09CR (Intraday - 1.05CR)
16000 - Resistance. Long unwinding and Short covering.
Longs - 1.23CR (Intraday - minus 36.38L)
Shorts - 26.78L (Intraday - 1.10CR)

BANKNIFTY
33000 - Support. Long unwinding and Short build up.
Longs - 53.05L (Intraday - 33.35L)
Shorts - 6.11L (Intraday - 4.95L)
33500 - Resistance. Long unwinding and Short build up.
Longs - 24.80L (Intraday - 9.25L)
Shorts - 56.96L (Intraday - 53.96L)
34000 - Resistance. Long unwinding and Short covering.
Longs - 6.80L (Intraday - minus 11.59L)
Shorts - 29.47L (Intraday - 21.86L)

Data is negative . DOW FUTs loss is increasing and VIX is increasing.
Data is indicating the range bound move between supports and Resistance as per the OI data.
Use bounce for shorting.

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