- As discussed in last analysis If tomorrow bank nifty unable to sustain above 17368 we can see downmove till 17208/17103 and on upside 17445/17600. Bank Nifty continued with its correction and did low of 17178. Tomorrow 17103/17025 support zone should be watched as holding the same we can see relief rally till 17350. We have lot size increase taking effect from tomorrow, Bank Nifty lot size is changing from 25 to 30, For other lot size please click on this link , Bank Nifty last expiry was at 17196 and bank nifty closed at 17212 so total move of 16 points from expiry to expiry 🙂Why do 90% of traders lose money?
- Bank Nifty November Future Open Interest Volume is at 2.19 lakh with addition of 7.5 Lakh with increase in CoC suggesting long position were added today. Rollover of Bank nifty is @ 17782 and rollover stands at 71.3.
- Bank Nifty Futures Trend Deciding level is 17379 (For Intraday Traders). BNF Trend Changer Level (Positional Traders) 17379 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .
Buy above 17270 Tgt 17340,17400 and 17485 (Bank Nifty Spot Levels)
Sell below 17170 Tgt 17130,17042 and 16905 (Bank Nifty Spot Levels)