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Free bank nifty future tips for 16 jan 2013

bank nifty future tips and outlook for tomorrow 

banknifty intraday chart

bank nifty future h1 chart on 15jan2013

banknifty chart technical analysis

banknifty jan expiry future today closed at 12918 with gains of 73 points or 0.56%.today bank nifty flat opening hit low of 12770 and then in last hour rally we seen highs near 12975.total 205 points intraday movement with 5.3% long side open interest build up.bank nifty spot closed at 12855.

bank nifty intraday trend and momentum still strong bullish and for tomorrow trading remain buy on dips.on hourly chart 12900 and 12795 remain support levels while on upside expect 13100 and 13350 as resistances and as next target levels.

bank nifty intraday indicators now in bullish zone and look like bottomed out after last correction.

on option side traders continue to hold 12800 call option of jan expiry with trailing stoploss.

free bank nifty future tips for tomorrow (premarket view)

stay long in bank nifty jan expiry future for target at 13100

and then 13350 with trailing stoploss

fresh buying zone is 12795 with stoploss

option traders keep longs in 12800 call options.

 

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