banknifty future at 17k+–16900 tgt achieved

 

banknifty future at 17k –16900 tgt achieved

Banknifty future today given strong rally and closed above 17k levels.

 

My given tgt 16900 is achieved now next tgt is 17700 but index future trading in overbought position.

 

For intraday expect fresh upside move above 17100-150 zone only till then there are chances of correction up to 16850 to 16550.

 

Option traders above 17150 can buy next month 17700 call option for big gain. Below it keep eye on ITM put options for corrective move.

 

 

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