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Monday, 21 May 2018

BANKNIFTY FUTURE ANALYSIS ON 21 MAY 2018

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 26150 and short positions can be taken below 26030. BANK NIFTY has TAKEN SHORT position at 26030 and ACHEIVED OUR TARGET 25849 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 25920 TARGET= 26015 ,26184-26250 SL 26050

Short below 25800 TARGET= 25750- 25664-25510 SL 26130
 
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