Banknifty Future Intraday & Positional view
we will see out performance in Nifty as compared to BankNIfty.
Banknifty Future today may open near 41400. If BNF sustained below 41410, 41262 is first target, 40990 is second target.
If 40990 breaks in second half, then next target is 40836. but if it is tested 40836 sentiments may go in the negative zone. But bulls are in control now, so, from the 40990 level it may again bounce back towards 41420 & 41650. All level is mentioned here in future.
PCR is 1.07 (PCR below 0.78 and above 1.3 lead to trending moves, and in between leads to range-bound markets.)
Banknifty Future today may open near 41400. If BNF sustained below 41410, 41262 is first target, 40990 is second target.
If 40990 breaks in second half, then next target is 40836. but if it is tested 40836 sentiments may go in the negative zone. But bulls are in control now, so, from the 40990 level it may again bounce back towards 41420 & 41650. All level is mentioned here in future.
PCR is 1.07 (PCR below 0.78 and above 1.3 lead to trending moves, and in between leads to range-bound markets.)
Trade closed: target reached:
1st target hit
Trade closed: target reached:
All target hit
Comment:
Banknifty takes exactly support at bold line