BANKNIFTY VIEW -25500 is major support, Next resistance 25950

BANKNIFTY future closed above support 25500, next resistance as well as target zone will be 25950 if hold 25500 support.


if fails to hold 25500 support then expect correction up to 24700 in short terms.


medium term chart, showing early corrective patterns.

above 25500, keep buy on dips view in BANKNIFTY 25500 CE for minimum 150-200 points gains.


if  closes below 25500 then go long in BANKNIFTY 25500 PE of next expiry for minimum 300-500 points gains.




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Pramod Baviskar

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