BANKNifty weekly- hit high at 25795 given TGTs 26050 & 26625

BANK Nifty F&O forecast for next week 25 to 29 dec. 2017

 

banknifty future this week closed at 25675 with huge gain and range. banknifty future this week hit low at 24000 and high was at 25765.

on Banknifty flash crash hit my given december bearish targets 25000 and 24500 with low at 24000. and on reversal hit 25000-25500 and now heading for bullish targets 26050 and 26625.

above 25500, follow buy and accumulate view in banknifty 25500 call options of next expiry for big gains. this week banknifty 22500 call options rallied from low of 70 rupee high of 400 rupees.

from long term view, banknifty future above 24650, remain super bullish for targets 28650 and then 31900.

 

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Pramod Baviskar

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