AjayKumar00

BANKNIFTY FUTURE ANALYSIS ON 20 MARCH 2018

Short
NSE:BANKNIFTY   NIFTY BANK
BANK NIFTY TREND CHANGER LEVEL AT 25250

BANK NIFTY ROLLOVER COST AT 25010

For coming week bulls need to trade above 24450 for a move back towards 24700/25300. Bearish below 24250 for a move towards 23900/23650.

NOW BANK NIFTY HAS SEEN STRONG RESISTANCE ZONE 24882-24940 HOWEVER PAST WEEKS BANK NIFTY CONSISTENTLY FACING SELLING PRESSURE FROM 25650-25780 . BEARISH BELOW 24250 CAN TEST 23950-23600 LEVEL

Nifty FUTURE Levels for INTRADAY are

Long above 24350 TARGET= 24410- 24560 - 24760, SL 24240

Short below 24210 TARGET=24150 -24010-23960 SL 24320

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