DSKF16

BANKNIFTY: HURDLEs & BOUNCEs for 10th JULY 2017.

Long
NSE:BANKNIFTY   Nifty Bank Index
9
BANKNIFTY Spot: 23449.15
Taking Support on GANN FAN "2X1" line.
Enter ICHIMOKU Cloud from Above. (hope for BEARS)
DAY RANGE very Small, Only 90.80 Point.

Intraday Hurdles & Bounces for 10th JULY 2017.
Hurdle Zone #1 23532 - 23557, Hurdle Zone #2 23709 - 23733
Bounce Zone #1 23357 - 23333, Bounce Zone #2 23182 - 23158.
Trading Range: 140 -175 Point, Extended to 193 Point.
Rest Levels & GANN Lines plotted on Chart.

USE LEVELS AS REFERENCE.

For FnO Traders (Levels are):
BAANKNIFTY: LTP: 23460, Settlement Price @ 23458.90
Go LONG: @ 23435 - @ 23414 Zone, Aggressive trader As per given Levels.
NORMAL:
PHASE - I - RES: 23494 (Minor RES.), 23514 (Strong), 23547 - 23572 (HZ #1), 23636,
PHASE - I - SUP: 23426 (Minor RES.), 23405 (Strong), 23372 - 23348 (BZ #1),23284
OPTIMAL:
PHASE - II - RES: 23670 (Minor RES.), 23691 (Strong), 23724 - 23749 (HZ #2), 23813,
PHASE - II - SUP: 23250 (Minor RES.), 23230 (Strong), 23197 - 23173 (BZ #2),23109,

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