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Sunday, 18 February 2018

BANKNIFTY FUTURE ANALYSIS ON 19 FEBRUARY 2018

BANKNIFTY UPDATE



BANKNIFTY FUTURE TREND CHANGER LEVEL AT 25250

Had mentioned that long positions can be taken above 25600 for the day and short positions can be taken below 25280 .  Bank Nifty triggered our SHORT trade BUT NOT GIVEN chance to OUR TARGETS . Now for this week Bank Nifty has to sustain / close above 25600 to test 26050 - 26125 initially and above it we can see 26385 - 26670 next . Similarly this week if Bank Nifty sustains / closes below 25180 we can see a test of 24880 - 24800 initially and below it we can see a test of 24545 - 24260 next .

Bank Nifty FUTURE Levels for the day are

Long above 25280 for 25365 – 25515 – 25720 , SL 25180

Short below 25100 for 24900 – 24815 – 24710 , SL 25210

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