BankNifty future weekly technical analysis report for 29 may
to 2 June 2017
Banknifty future this week given wild swing on both side. After hitting low at
22460 banknifty triggered short covering rally and hit high at 23320 on Friday.
Banknifty is now in super strong bullish trend and closed with monstrous gains.
23050 will remain bullish and strategy remain buy on dips. On upside 23450-23700
and 24100 are fresh super bullish swing target zones. On downside banknifty
future will have supports at 23150-23050 and 22800.
and now heading for my next target 24650.