banknifty intraday target at 17820 support 17300

free banknifty future and option tips for 1 dec. 2015 free banknifty future and option tips for 1 dec. 2015 Banknifty December expiry future today closed at 17483 with gain of 58 points. This was third gaining session for banknifty index. Today banknifty future hit high around 17548 and achieved my given target of 17550. Banknifty intraday low was at 17389. For tomorrow outlook remain bullish. On upside expect intraday resistances at 17550 and then 17820. While on downside expect supports at 17300 and 17050. Traders for banknifty future keep buy on decline strategy with stop loss and expect intraday targets of 17550 and then 17820. Look like banknifty is heading towards out given target of 18050. Option traders use 17200 call options for buying and accumulation on decline.

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Pramod Baviskar

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