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Monday, 14 May 2018

BANKNIFTY FUTURE ANALYSIS ON 14 MAY 2016

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 26100


 BANK NIFTY ROLLOVER COST AT 24930

LAST ANALYSIS we mentioned that long positions for the day can be taken above 26110 and short positions can be taken below 26050. BANK NIFTY has TAKEN LONG position at 26110 and ACHEIVED OUR TARGET 26373 LEVEL

For coming week  bulls need to trade above  26100 for a move back towards 26300/26700/27100. Bearish below 25700 for a move towards 25300/24950.

BANK Nifty FUTURE  Levels for INTRADAY  are

Long above 26430 TARGET= 26534 ,26684-26973 SL 26310

Short below 26290  TARGET= 26160-25970-25780 SL 26400

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