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Sunday 22 April 2018

BANKNIFTY FUTURE ANALYSIS ON 23 APRIL TO 27 APRIL 2018

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 24500


 BANK NIFTY ROLLOVER COST AT 24260

bank nifty as per time analysis 21 april is gann pressure dates,and 21 april is holiday so 23 april we can see impulse move around these dates

For coming week  bulls need to trade above  24850for a move back towards 25300/25700. Bearish below 24750 for a move towards 24300/23950.

NOW BANK NIFTY HAS SEEN STRONG RESISTANCE ZONE 25650-25780 and now bull should protect 24900 level up move towards 25500/25700/2630 .  BEARISH BELOW 24550 CAN TEST 24100-23950-23600 LEVEL 

 Nifty FUTURE  Levels for the WEEK are

Long above 25110 TARGET= 25340 - 25660 - 25900, SL 25010

Short below 24880 TARGET=24750 -24610-24300 SL 24980

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