BANKNIFTY F&O outlook for next week 27 Nov. to 1 dec. 2017
BANKNIFTY future this week closed at 25844 with flat gain. nifty future taken support just above 25500 and now moving towards 25950 for breakout.
Banknifty outlook is bullish with cautious view as trading heavily overbought condition. on downside 25500 is major support and on upside 25950 is major resistance. above it expect super bullish trend with price targets 26800 and 27200.
above 25950, follow buy and accumulate view in banknifty 25900 call options of next expiry for big gains.
from long term view, banknifty future is in super bullish trend and heading for my given tgts 28500-31800.
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