BANKNIFTY: HURDLEs & BOUNCEs for 12th JULY 2017 (Spot + FUTURE)

BANKNIFTY:Spot: 23584.60
Closed Below GANN FAN "2X1" line
Will be Strong RESISTANCE Line.
Below ICHIMOKU Cloud.

Must WATCH, Made a LOW at 23533.20,
Near CRUCIAL LEVEL 23546
Mentioned in "Fate of BANKNIFTY View (WEEKLY Basis)"

Intraday Hurdles & Bounces for 12th JULY 2017.
Levels & GANN Lines plotted on Chart.

Trading Range: 143 -199 Point, Extended to 223 Point.
BZ #1: 23472 - 23447, Looks Crucial as REVERSAL Zone.
For DIP Fall 23241 is CRUCIAL.


USE LEVELS AS REFERENCE.

For FnO Traders:
BANKNIFTY Future Levels. LTP: 23603.2, set. Price: 23617.35
Go LONG / Short as per Level given Below.
Some more LONG / SHORT Entry will be Updated within Market Hours.
.
NORMAL:
PHASE - I - RES: 23637 (Minor RES.), 23658 (Strong), 23691 - 23716 (HZ #1), 23780,
PHASE - I - SUP: 23569 (Minor RES.), 23548 (Strong), 23515 - 23490 (BZ #1), 23426,
OPTIMAL:
PHASE - II - RES: 23815 (Minor RES.), 23835 (Strong), 23869 - 23894 (HZ #2),23959
PHASE - II - SUP: 23392 (Minor RES.), 23372 (Strong), 23339 - 23314 (BZ #2),23250

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Snapshot: BANKNIFTY Summery of Trade date: 11th July 2017

Comment:

Taken Support Near Mentioned CRUCIAL Level 23546

Trade closed: target reached:

Today's Summery:
#1. HOW "mentioned 23526 Level" was tested.
Made a LOW at 23523.65
Made a High At 23736.65, MENTIONED "STRONG 23737"
Closed at 23719.35 on GANN Arch 4 X 1
DAY Trading Range: 212.90. Mentioned " 143 -199 Point, Extended to 223 Point".

Comment:

BANKNIFTY: HURDLEs & BOUNCEs for 13th JULY 2017 (Spot + FUTURE), will be Published Shortly.