banknifty future intraday resistances 16870-17,000

BankNifty future technical forecast 10 may 2016 BankNifty future technical forecast 10 may 2016 Banknifty future today closed at 16780 with gain of 400 points. Banknifty future with breakout above 16500 given strong short covering rally and heading towards 16900 and 17000 levels.   Banknifty medium term outlook still bearish and use these rallies to go short. On downside 16500 and then 15900 are tgt zones for May series.   Banknifty future for tomorrow 10 may 2016, has intraday support zones around 16550 and 16300. On upside 16870 and 17000 are resistance levels.   Option traders can use banknifty 17000 put options to buy and accumulate with expiry view.

The Author

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.
COPYRIGHT © 2009-2018. Pramod Baviskar. Dalal street winners advisory and coaching services. FAQ | Disclaimer | Privacy Policy

This website is best viewed using Microsoft Internet Explorer 9 or higher, and/or latest version of Google Chrome and Mozila Firefox browsers.