banknifty weekly outlook for 19 to 23 oct 2015

banknifty this week closed at 17912 with gain.
bank Nifty 5 weeks channel trend is up and
bank Nifty 20 weeks price channel trend is down.
RSI is at 51 with fresh breakout.
banknifty weekly support will be 17575 and 17430.
banknifty weekly resistance will be 17950 and 18250.
banknifty future weekly trading call will be
buy banknifty nov future on correction near 17500
with stop loss below 17300
for targets 18250 and above.
banknifty option weekly trading call will be
buy banknifty 17500 call options nov expiry
on correction with stop loss.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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