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Tuesday, 7 May 2019

BANKNIFTY FUTURE ANALYSIS ON 08 MAY 2019

BANKNIFTY FUTURE UPDATE

BANK NIFTY TREND CHANGER LEVEL AT 28900


 BANK NIFTY ROLLOVER COST AT 29800

bank nifty future as per time analysis  10 MAY is gann pressure dates we can see impulse move around these dates

For coming week  bulls need to trade above  29800 for a move back towards 30050/30250 /30550 Bearish below 29650 for a move towards 29450/29300/28900

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 29570 TARGET= 29775-29890-30150 SL 29450

Short below 29370 TARGET=29200-29000-29800 SL 29500

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