- As discussing in past analysis If we close above 17728 tomorrow and also gann arc we can see move towards 18000. High made today was 17975 so we almost did 18000, But till we do not close above 18051 bank nifty will trade in range of 18000-17350. Close above 18051 we can see move till 18700/18900. Bearish only on close below 17450. Expect a Trending Mode in Bank Nifty in July month. Why I fail as a trader
- Bank Nifty July Future Open Interest Volume is at 18.3 lakh with addition of 6.8 lakh, with increase in Cost of Carry suggesting long positions were added today. Bank nifty Rollover is 75 % Rollover cost is coming at 17775 Do you know your Risk of Ruin in trading ?
- Bank Nifty Futures Trend Deciding level is 17960 (For Intraday Traders). BNF Trend Changer Level (Positional Traders) 17960 .How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .
Buy above 18000 Tgt 18070,18180 and 18275 (Bank Nifty Spot Levels)
Sell below 17900 Tgt 17830,17730 and 17650(Bank Nifty Spot Levels)