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Saturday 1 June 2019

BANKNIFTY FUTURE WEEKLY ANALYSIS 3 JUNE TO 7 JUNE 2019

BANKNIFTY FUTURE UPDATE
BANK NIFTY TREND CHANGER LEVEL AT 31600


 BANK NIFTY ROLLOVER COST AT 30700

according to time analysis  06 JUNE is gann pressure dates AND we can see impulse move around these dates

For coming week  bulls need to trade above  31600 for a move back towards 31850/31980/32350 Bearish below 31230 for a move towards 31130/30850/30450/30150

now bank nifty has IMPORTANT  crucial level at 31600 AND monthly basic bull should protect 31600 will have upper hand can test upto 31850/31980/32350/32550 and below close 31230 level  bear have  upper hand  can test upto 31130/30850/30450/30150

BANK Nifty FUTURE  Levels for the weekly are

Long above 31600 TARGET= 31850/31980/32350  SL =31350

Short below 31130 TARGET= 30850/30450/30150 SL=31450

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