AjayKumar00

banknifty future analysis on 22 february 2018

NSE:BANKNIFTY   NIFTY BANK
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BANKNIFTY FUTURE TREND CHANGER LEVEL AT 25100


Had mentioned that long positions can be taken above 25000 for the day and short positions can be taken below 24900 . Bank Nifty triggered our short trade at 24900 did not achieved our 1st targets . Now for this tommorow expiry Bank Nifty has to sustain / close above 25100 to test 25250 - 25325 initially and above it we can see 25385 - 25570 next . Similarly this week if Bank Nifty sustains / closes below 24900 we can see a test of 24800 - 24750 initially and below it we can see a test of 24545 - 24260 next .


Bank Nifty FUTURE Levels for the day are

Long above 25000 target=25065 – 25155 – 25320 , SL =24920

Short below 24900 for 24800 – 24750 – 24630 , SL 25000
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