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Sunday, 3 June 2018

BANKNIFTY FUTURE WEEKLY ANALYSIS ON 04 JUNE TO 8 JUNE 2018

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 26500



 BANK NIFTY ROLLOVER COST AT 26440

LAST WEEK ANALYSIS we mentioned that long positions for the day can be taken above 26290 and short positions can be taken below 26030. BANK NIFTY has TAKEN LONG position at 26290 and ACHEIVED OUR TARGET 26800 LEVEL

bank nifty as per time analysis  4 JUNE is gann pressure dates we can see impulse move around these dates

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 WEEK are

Long above 26890 TARGET= 27050-27450-27950 SL 26669

Short below 26514 TARGET=26120-25810-25250 SL 26669

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