banknifty future 15550 to 15900+ tgt 16900 and 17700

banknifty future chart 11 april 2016 Banknifty future today closed at 15876 with gain of 224 points.   As expected banknifty respected 15500 support and given strong reversal from support.   Today we saw high above 15900. On upside swing targets are 16900 and 17700 while on downside 15500 will act as strong support.   Above it keep buy and accumulate view. For intraday banknifty future support zones are 15800 and 15600. Option traders keep buy and accumulate view on 15500 call options.

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Pramod Baviskar

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