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Wednesday, 11 April 2018

BANKNIFTY FUTURE ANALYSIS ON 12 APRIL 2018

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 24900


 BANK NIFTY ROLLOVER COST AT 24260

as per time analysis 12 april is gann turn date and on this day impulse move can seen
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.

TOMMOROW EXPIRY DAY OPTION WRITER MAY SHORT BANKNIFTY OPTION CALL SIDE 25300/25400/25500 CE AND PUT SIDE 24800/24700/24600 PE

BANK Nifty FUTURE  Levels for the WEEK are

Long above 25220 TARGET= 25300-25380-25550, SL 25100

Short below 25070 TARGET=25000-24850-24700 SL 25180

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