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Wednesday, 25 April 2018

BANKNIFTY FUTURE ANALYSIS ON APRIL EXPIRY 2018

BANKNIFTY FUTURE UPDATE
BANK NIFTY TREND CHANGER LEVEL AT 25100


 BANK NIFTY ROLLOVER COST AT 24260

LAST ANALYSIS we mentioned that long positions for the day can be taken above 25085 and short positions can be taken below 25000 bank NIFTY has TAKEN SHORT position at 25000 and high made 24750  level

now banknifty crucial level at 25200 and close above level.... EXPECTED further rally upto 25500/25900/26100 AND BELOW 25050 LEVEL .. CAN TEST FURTHER 24900/24500/24300 level

TOMMOROW IS BANKNIFTY WEEKLY EXPIRY  OPTION WRITTER MAY SHORT CALL SIDE 24900CE/25000CE/25100CE AND PUT SIDE 24600PE/24500PE WILL BE ZERO

BANK Nifty FUTURE  Levels for the intraday are

Long above 24820 TARGET= 24934-25080-25250, SL 24710

Short below 24700 TARGET=24610-24540-24600 SL 24810

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