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Thursday 29 March 2018

MONTHLY OUTLOOK OF BANKNIFTY FUTURE APRIL SERIES 2018

BANKNIFTY FUTURE UPDATE

bank NIFTY FUTURE TREND CHANGER LEVEL AT 24100


bank NIFTY ROLLOVER COST AT 24260

bank nifty as per time analysis 01&04&12&21 april is gann pressure dates, we can see impulse move around these dates

now bank nifty has IMPORTANT  crucial level at 24500 AND monthly basic bull should protect 24100 will have upper hand can test upto 24500-24900-25300  and below close 24050 level  bear have  upper hand  can test upto   23900-23600-23300 levels.

if bank  nifty trade below 24000 fall expected towords 23900/23600/23300 and so bank nifty bull should protect 3 consecutive close above 24100 farther rally upto 24500/24900/25300 levels 

bank nifty future monthly  LEVEL ARE 

GO LONG ABOVE  24450 TARGET=24900-25325-25700 STOPLOSS=24260

GO SHORT BELOW 24100 TARGET= 23900-23300-23000 STOPLOSS=24250

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1 comment:

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