BANKNIFTY INDEX PRICE ACTION EXPECTATED FOR THE DAY

INDEX SUMMARY

-BANKNIFTY WAS IN TROUBLE AND CAN STAY IN TROULBE
-ICICI BANK IS TRADING BELOW 340 IS NOT A GOOD SIGN
-HDFC BANK HAS BROKEN TRENDLINE ON DAILY CHART
-KOTAK BANK IS MAKING LOWER HIGH-LOWER LOW FORMATION
-CRUCIAL SUPPORT @20050
-CRUCILA RESISTANCE @20850
-PLEASE AVOID TRADING IN BANKNIFTY LET THE DUST SETTLE
-WAIT AND WATCH APRROACH
-INDEX IF CROSSES BELOW YESTERDAYS LOW WILL MAKE A 150 POINT DASH TOWARDS 20330

BANKNIFTY RESISTANCE FOR THE DAY
21950-21666-21450 ( FUT )
BANKNIFTY SUPPORT FOR THE DAY
20900/850-20600-20350 ( FUT )

SCREENSHOT


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