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Saturday 26 May 2018

BANKNIFTY FUTURE WEEKLY ANALYSIS ON 28 MAY TO 31 MAY 2018

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 26100


 BANK NIFTY ROLLOVER COST AT 24930

LAST WEEK ANALYSIS we mentioned that long positions for the day can be taken above 26210 and short positions can be taken below 25810. BANK NIFTY has TAKEN SHORT position at 25810 and ACHEIVED OUR TARGET 25610 LEVEL

bank nifty as per time analysis  29 MAY is gann pressure dates we can see impulse move around these dates

For coming week  bulls need to trade above  26290 for a move back towards 26500/26700/27100. Bearish below 26050 for a move towards 25700/ 25500/25300.

BANK Nifty FUTURE  Levels for the WEEK are

Long above 26290 TARGET= 26350-26550-26800 SL 26150

Short below 26030 TARGET=25720-25610-25250 SL 26110

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