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Wednesday, 23 May 2018

BANKNIFTY FUTURE ANALYSIS ON 23 MAY 2018

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 25860 and short positions can be taken below 25722. BANK NIFTY has TAKEN LONG position at 25860 and DID NOT ACHEIVE  ANY  TARGET 

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 25838 TARGET= 25935 ,26084-26150 SL 25750

Short below 25740 TARGET= 25650- 25514-25410 SL 25830

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