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Monday 4 June 2018

BANKNIFTY FUTURE ANALYSIS ON 04 JUNE 2018

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 26100


 BANK NIFTY ROLLOVER COST AT 26438

LAST ANALYSIS  we mentioned that long positions for the day can be taken above 26775 and short positions can be taken below 26620 .NIFTY has TAKEN LONG position at 26775 and ACHEIVED OUR  TARGET AT 26850 LEVEL

For coming week  bulls need to trade above  26900 for a move back towards 27040/27400/27950. Bearish below 26514 for a move towards 26120/ 25810/25250.

BANK Nifty FUTURE  Levels for the INTRADAY are

Long above 26725 TARGET= 26830-26980-27032 SL 26630

Short below 26620 TARGET=26560-26350-26150 SL 26720

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