BANKNIFTY WEEKLY ANALYSIS ON 11 JUNE TO 15 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 26890 and short positions can be taken below 26514. BANK NIFTY has TAKEN SHORT position at 26514 and ACHEIVED OUR TARGET 26120 LEVEL

bank nifty as per time analysis  11JUNE AND 15 JUNE is gann pressure dates we can see impulse move around these dates

For coming week  bulls need to trade above  26500 for a move back towards 26850/27040/27400 Bearish below 26070 for a move towards 25810/25650/25350

BANK Nifty FUTURE  Levels for the WEEK are

Long above 26470 TARGET= 26850-27150-27550 SL 26250

Short below 26074 TARGET=25810-25650-25225 SL 26250

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