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Saturday, 12 May 2018

BANKNIFTY FUTURE WEEKLY ANALYIS ON 14 MAY TO 18 MAY 2018

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 26100


 BANK NIFTY ROLLOVER COST AT 24930

LAST WEEK ANALYSISwe mentioned that long positions for the day can be taken above 25735 and short positions can be taken below 25610. BANK NIFTY has TAKEN LONG position at 25735 and ACHEIVED OUR ALLTARGET 26160 LEVEL

bank nifty as per time analysis 14 MAY AND 15 MAY is gann pressure dates we can see impulse move around these dates

For coming week  bulls need to trade above  26450 for a move back towards 26700/27100. Bearish below 26100 for a move towards 25900/ 25300/24950.

 Nifty FUTURE  Levels for the WEEK are

Long above 26450 TARGET= 26630-26880-27150 SL 26300

Short below 26150 TARGET=26010-25880-25550 SL 26280

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