NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Bank Nifty future May trade in the range 23800-25250
Decision Level :24527.Above & below :Bullish & Bearish .
Above 24527 : 24648/24768/24880/25050/25250 may be possible.
Below 24527: 24460/24330/24207/24050/23800 may be possible.
Now 1st level to watch 24880 for upside and 24642 for downside.
Keep an eye on ICICIbank ,Voltas, HDFC .The strategy which i had already shared in ideas stream.
Above 25250: 25500/26000 may be possible.
BNF longterm trend bullish .
Disclaimer: Ideas for learning Only.
Comment: 25500 may be todays top.
now 25150/25000 may be possible.
Comment: even 24960/24880 may be possible.
Comment: above 25360 recent view will be changed.
Comment: if sustain above 360 for 10-15 mins again a a bounce back possible .which can go upto 25600
Trade closed manually: todays quota done.sqd off all position.now focussing on stock.after1.3 pm will see bnf.
Comment: major timeframe(charts) has no parity.better stay away.may be a downfall possible. but very confusing....
Comment: level to watch 622
Comment: above the level 710/760 may be possible.
Comment: downside 420.
if breaks 25000
Trade closed: target reached: 710/760

Comments

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