BANK NIFTY FUTURE UPDATE
BANKNIFTY FUTURE TREND CHANGER LEVEL AT 25100
Had mentioned that long positions can be taken above 25130 for the day and short positions can be taken below 24900 . Bank Nifty triggered our LONG trade at 25130 did not achieved our targets and hit our stoploss 25050 . Now for this expiry week Bank Nifty has to sustain / close above 25100 to test 25250 - 25325 initially and above it we can see 25385 - 25570 next . Similarly this week if Bank Nifty sustains / closes below 24900 we can see a test of 24800 - 24750 initially and below it we can see a test of 24545 - 24260 next .
Bank Nifty FUTURE Levels for the day are
Long above 25000 target=25065 – 25155 – 25320 , SL =24920
Short below 24900 for 24800 – 24650 – 24550 , SL 25000
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