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Monday, 19 March 2018

BANKNIFTY FUTURE ANALYSIS ON 20 MARCH 2018

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 25250


 BANK NIFTY ROLLOVER COST AT 25010

For coming week  bulls need to trade above  24450 for a move back towards 24700/25300. Bearish below 24250 for a move towards 23900/23650.

NOW BANK NIFTY HAS SEEN STRONG RESISTANCE ZONE 24882-24940 HOWEVER PAST WEEKS BANK NIFTY CONSISTENTLY FACING SELLING PRESSURE FROM 25650-25780 .  BEARISH BELOW 24250 CAN TEST 23950-23600 LEVEL 

 Nifty FUTURE  Levels for INTRADAY  are

Long above 24350 TARGET= 24410- 24560 - 24760, SL 24240

Short below 24210 TARGET=24150 -24010-23960 SL 24320

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