BANKNIFTY follow up-hit low 25086, given swing sell TGT 25000 almost done

BANKNifty F&O Follow up call for december 2017

 

BANKNIFTY future today closed at 25242 with loss. 

banknifty future in last 4 trading session tumbled from 25950 to low of 25086. 

my december banknifty call was below 25600, banknifty future will have sell targets at 25000 and then 24400. today almost hit 25000 sell target now might bounce back towards 25600 level before going down.

banknifty 25600 put options rallied from 238 to high of 640 rupees!!

from long term view, banknifty future above 24600, will remain super bullish for targets 28500-31800.

 

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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