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Saturday, 18 May 2019

BANK NIFTY FUTURE WEEKLY OUTLOOK FOR 20 MAY TO 24 MAY 2019

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 28900


 BANK NIFTY ROLLOVER COST AT 29800

according to time analysis  20 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  29600 for a move back towards 29750/29880/30350 Bearish below 29200 for a move towards 28890/28700/28300

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 weekly are

Long above 29600 TARGET= 29750-29890-30260-30550 SL 29300

Short below 29200 TARGET=28900-28710-28430 SL 29550

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