AjayKumar00

BANKNIFTY FUTURE ANALYSIS ON 23 FEBRUARY 2018

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

BANKNIFTY FUTURE ROLLOVER COST AT 25000

Had mentioned that long positions can be taken above 25065 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 FRESH MARCH SERIES 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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