bank nifty future tips and outlook for tomorrow
banknifty intraday chart
banknifty chart technical analysis
bank nifty jan expiry future today closed at 12690 with loss of 22 points or 0.18%.today bank nifty future with gap up opening hit high near 12745 while open also near it so today open and high was exactly same and in intraday we seen low near 12630.today total 115 points intraday volatility with bearish momentum and 7% change in open interest may be fresh shorts?bank nifty spot index closed at 12651.
for tomorrow bank nifty intraday trend is at downside breakout and momentum also losing out on profit booking.so watch if opens below 12650 or slips below it then go shorts with 50-60 points stoploss and expect 12540 and then 12400 on downside.
if bank nifty hold support band 12650-12680 then reversal and strategy will be buy side.option traders decide buy calls or puts on levels and opening.
free bank nifty future tips for tomorrow (premarket view)
above 12650 stay long in bank nifty but momentum is weak
if slips or open below 12650 then go short for 12540 and 12400