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Tuesday, 15 May 2018

BANKNIFTY FUTURE ANALYSIS ON 15 MAY 2018

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 26100


 BANK NIFTY ROLLOVER COST AT 24930

 we mentioned that long positions for the day can be taken above 26430 and short positions can be taken below 26290. BANK NIFTY has TAKEN LONG position at 26430 and ACHEIVED OUR TARGET 26534 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 26550 TARGET= 26634 ,26684-26973 SL 26310

Short below 26440  TARGET= 26360-26150-25970 SL 26530

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