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Tuesday, 5 June 2018

BANKNIFTY FUTURE ANALYSIS ON 06 MAY 2018

BANKNIFTY FUTURE UPDATE 

BANK NIFTY TREND CHANGER LEVEL AT 26100


 BANK NIFTY ROLLOVER COST AT 26438

TOMMOROW EVENT  RBI  MONETARY POLICY  COMMITTEE TO BEGIN MEET TOMMOROW, REPO RATE INFLATION AMONG  ISSUE ON AGENDA

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 26330 TARGET= 26380-26480-26832 SL 26230

Short below 26220 TARGET=26160-25970-25700 SL 26320

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