banknifty future technical forecast for 9 june 2016

banknifty future technical forecast for 9 june 2016 Banknifty future today closed at 17886 with loss. With positive opening banknifty hit high of 17959 and triggered stop loss for short positions.   For tomorrow, banknifty future outlook above 17750 will remain bullish and buy on dips. On upside 18100 and 18550 are resistances as well as target zones. On downside 17750 and 17520 are support zones as well as fresh long entry levels.   Future traders with stop loss below 17750 keep long view for target 18100 and 18550.   Option traders above 17750 keep buy and accumulate view for banknifty 18100 call options.

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Pramod Baviskar

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