27 Oct BANK Nifty future options outlook, Levels and Intraday trading calls

27 Oct BANK Nifty future options outlook, Levels and Intraday trading calls Bank nifty future today closed at 19499 with loss. Bank nifty after gap down opening seen strong profit booking and closed down with heavy loss. Bank nifty future below 19670 will remain weak and sell. For tomorrow, bank nifty future below 19670 remain sell or bearish. For tomorrow, bank nifty intraday support zones are 19340 and 19200 and target levels if falls continues. Banknifty future intraday resistance levels are 19670 and 19850 and these are target zones on reversal. Bank nifty Future traders with short positions can expect downside targets of 19340 to 19200 for tomorrow. Bank nifty option traders can buy bank nifty 19500 put options of November expiry for intraday trade with stoploss. Positional bank nifty traders can buy bank nifty future around 19200 to 19000 zones if found for targets 19670 and 20300 in November series. Traders must expect high volatility in market due to news flow and must adjust risk management according to environment.

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Pramod Baviskar

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