MyKEYtoSENSEX

BANK NIFTY FUTURE VIEW FOR 07/12

NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Bank nifty future closed above recent high (25th nov) as well as BE candle high.
And formed a bullish candle in daily chart and long lower shadow in weekly chart, which indicates more upside in the near term.

Bank Nifty future may trade in the range 30038 -30786

Decision Range :30115 - 30147

Above 30147 : 30252/30360/30466/30584/30689/30786
Below 30115 : 30038/29906

Mid Range : 29337-30884

Let us see what happen....

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Trade closed: target reached
Comment: view for 09/12
view bullish.
Levels will be same.
Comment: Due to ICICI Bank OFS sell .
BNF may come down lower.
Trade closed: target reached: Mid range upper level achieved.