Bank Nifty future may trade between 24200 and 25000.
Today weekly expiry, as usual Bank Nifty is likely to be very volatile.
Yesterday it was up 500, then down 700, then up 600.
SGX nifty indicates mild gap down opening.
Markets may not fall much as FIIs pump in huge amount of money everyday.
Bank Nifty can touch the recent high of 25200, if the positive sentiment...
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My sincere thanks to my masters trading panthulu, Nayan pokarkar and day trader Telugu
BN Chart Study on 15 minutes TF
While opening today, BN price jumped off from yesterday closing area i.e. S&D Area-1.
It consolidated little in S&D area-2 and then moved out to open area.
It got the similar force of supply which it has seen on 12th & 13th.
If you compare the price structure of today with previous day's, it looks like similar except the...
If BNF breaks the level 24460.
Tgt may be 24550/24758/24909
Sl 24220
If breaks the level 24220
24050/23800 can possible.
My sense is Bnf may go 24050.
Shorting may be good rather than long for today.
Sl 24220
Tgt 24525/24648
If BNF breaks the level 24429 and sustains 5 min. a sharp upmove may possible.then a tight Sl 24380.
Disclaimer: Ideas for learning Only.
#NIFTY Key areas is ability to hold above 12865 areas for bullish continuation
Failure to hold above will likely turn the week as a rotational week.
1. We will look to rotate to test 11820F /11750F
2. Above that the move to 11925F is still on
#BANKNIFTY key levels re 24200-250 from previous session,
1. Ability to hold below will likely to test 24385F and...
See all my Publications if it seems to give you both knowledge and profit then only like subscribe and share to your near and dear
my sincere thanks to my Masters trading panthulu day trader Telugu and Nayan pokharkar
