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Monday 13 May 2019

BANK NIFTY FUTURE ANALYSIS ON 13 MAY 2019

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 28900


 BANK NIFTY ROLLOVER COST AT 29800

according to time analysis  10 MAY is gann pressure dates so we note down high and low of candle of 10 may if high break the level go long and if low break  go short and target for bank nifty is 350-500 points

For coming week  bulls need to trade above  29300 for a move back towards 29500/29700/30050 Bearish below 28900 for a move towards 28690/28500/28100

now bank nifty has IMPORTANT  crucial level at 29800 AND monthly basic bull should protect 30100 will have upper hand can test upto 30300-30550-30900 and below close 29700 level  bear have  upper hand  can test upto 29300/29100/28600 levels.

BANK Nifty FUTURE  Levels for the INTRADAY are

Long above 29100 TARGET= 29235-29390-29560 SL 29030

Short below 28940 TARGET=28880-28780-28530 SL 29050

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