banknifty future technical view for tomorrow 4-5-2016

banknifty future technical view for tomorrow 4-5-2016 Banknifty April expiry future today closed at 16265 with gain of 12 points.     For tomorrow, banknifty intraday resistance levels are 16400 and 16570. On downside support as well as corrective targets are 16140 and 15925.     Future traders can sell banknifty future around or above resistances with stop loss for targets 16140 and then 15925. Option traders can buy banknifty 16000 put option on decline with stop loss.

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Pramod Baviskar

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