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Monday, 16 April 2018

BANKNIFTY FUTURE ANALYSIS ON 16 APRIL 2018

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 25100


 BANK NIFTY ROLLOVER COST AT 24260

LAST ANALYSIS WEmentioned that long positions for the day can be taken above 25220 and short positions can be taken below 25130. bank NIFTY has TAKEN buy position at 25230 ANd 2nd target 25380 LEVELS 

now banknifty crucial level at 25300 and close above level... further rally upto 25700+++

now bank nifty has IMPORTANT  crucial level at 25300 AND monthly basic bull should protect 24100 will have upper hand can test upto 24500-24900-25700  and below close 24050 level  bear have  upper hand  can test upto   23900-23600-23300 levels.

BANK Nifty FUTURE  Levels for the intraday are

Long above 25230 TARGET= 25300-25380-25550, SL 25150

Short below 25070 TARGET=25030-24900-24700 SL 25210

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2 comments:

  1. Technical charts and analysis are very helpful in gaining the idea about market performance. However, every trader is not able to understand them. Hence, they seek financial services from a good stock market advisory.

    ReplyDelete
  2. Equity benchmarks BSE Sensex and NSE Nifty started on a volatile note on Thursday ahead of the expiry of December derivatives contracts amid thin trade in global equities due to year-end holidays.
    Stock Broker

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