bank nifty future tips and outlook for tomorrow
banknifty intraday chart
banknifty chart technical analysis
banknifty jan expiry future today closed at 12785 with loss of 40 points or 0.31%.today bank nifty jan expiry future with gap up opening hit high of 12869 but after that sharp supply from seller made pressure here and bank nifty future hit 12744 low on sharp selling.total bank nifty future given 125 points intraday volatility and flat open interest change.bank nifty spot index closed at 12718.
for tomorrow bank nifty jan future outlook remain still bullish till it hold support of 12760.only momentum losing out towards bears hand.below 12760 sellers become active and may show sharp cut of 150-200 points as supports are deep down.
above 12760 upside targets of 12910 and 13100 still intact.
those having longs must keep stoploss just below 12760 and hold it for same targets.if slips below support and sustain then go short for targets of 12600 to 12540.
option traders also can hold bank nifty call options with same stoploss level.if slips below support then buy 12500pe for intraday to positional purpose and with stoploss.
free bank nifty future tips for tomorrow (premarket view)
above 12760 hold long view and positions for targets 12900 and 13100
while below this possible downside targets are 12600 to 12540.
option traders can hold call options with same stoploss.