bank nifty future tips and outlook for tomorrow 

banknifty intraday chart

banknifty chart technical analysis

bank nifty jan expiry future today closed at 12777 with loss of 92 points or 0.71%.today bank nifty with gap up opening hit highs near 12908 and then after profit booking wave keep all day pressure on this index and we seen lows near 12771.total 140 points intraday volatility with bearish momentum and 4% drop in open interest on profit booking pressure.bank nifty spot closed at 12708.

for tomorrow outlook is bearish and on downside supports and targets are 12630 and 12525 while on upside 12880 to 12910 is supply zone or strong resistance zone.

on hourly chart bank nifty rsi and cci both bearish and suggest profit booking rally may continue.

on option side,traders can buy bank nifty 12800pe jan expiry for intraday.

free bank nifty future tips for tomorrow (premarket view)

stay short or go short near 12800-12840 zone with

stoploss just above 12910 and expect 12630 and then 12525

as intraday to positional targets.

option traders can buy bank nifty 12800pe jan for intraday.