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Monday, 21 May 2018

BANKNIFTY FUTURE ANALYSIS ON 22 MAY2018

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 25700

 BANK NIFTY ROLLOVER COST AT 24930

last analysis  we mentioned that long positions for the day can be taken above 25920 and short positions can be taken below 25800. BANK NIFTY has TAKEN SHORT position at 25800 and ACHEIVED OUR TARGET 25750 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 25860 TARGET= 26015 ,26184-26250 SL 25730

Short below 25722 TARGET= 25650- 25514-25410 SL 25850

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