Buy and accumulate nifty future tgt 8288-8315
Banknifty future remain buy above 18300
Banknifty future today closed at 18402. Banknifty future price trend and momentum both are bearish but banknifty future is holding support of 18300 which suggest expect reversal move above 18300. For tomorrow, banknifty outlook is bullish and above 18300 remain buy on dips. Banknifty intraday support zones are 18300 and 18100 while on upside 18500-18750 and 19000 are intraday resistances as well as target zones for this index future. Positional traders can buy banknifty future around 18300 with stop loss and expect December expiry targets around 19000 and then 19800+. Option traders keep buy and accumulate view on banknifty 18500 call options with stop loss. Lastand it will act as medium term support zone for now.