BANKNIFTY INDEX FUTURESUpdated Banknifty view for 12/11
Bank Nifty future May trade in the range 28165-29490.
Decision Level :28580.Above & below :Bullish & Bearish .
Above 28580 : 28670/28765/28859/28953/29047/29165/29259/29360/29490
Below 28580 : 28485/28390/28292/28165.
Above 29490 : BNF may test 30316.
Below 28165 : BNF may test 27800.
Some profit booking may come. First level to watch out for 29047/29165.
There is no trend reversal sign as of now. But Daily and weekly chart suggesting some profit booking/consolidation /trend reversal may come.
Disclaimer: Ideas for learning Only
Decision Level :28580.Above & below :Bullish & Bearish .
Above 28580 : 28670/28765/28859/28953/29047/29165/29259/29360/29490
Below 28580 : 28485/28390/28292/28165.
Above 29490 : BNF may test 30316.
Below 28165 : BNF may test 27800.
Some profit booking may come. First level to watch out for 29047/29165.
There is no trend reversal sign as of now. But Daily and weekly chart suggesting some profit booking/consolidation /trend reversal may come.
Disclaimer: Ideas for learning Only
Note
290/165 possibleNote
290 may be todays low...Note
buy near 290-410 for 550/600Note
above 460 ...550/600
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.