- As discussed in past analysis Bank Nifty finally was able to close above 19000 only which as per gann suggests we are entering in next orbit and bank nifty can move till 19374/19509. Bearish only on close below 18711. Now Bulls need a close above 19158 for next move till 19374/19509. Bearish on close below 18950 for move towards 18711. We have monthly closing tomorrow and bulls will like to see close above 19000 and even better above 19160. Are you Trading or Gambling
- Bank Nifty Aug 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 closed today. Bank nifty Rollover is 68 % Rollover cost is coming at 19030 Do you know your Risk of Ruin in trading ?
- Bank Nifty Futures Trend Deciding level is 19166 (For Intraday Traders). BNF Trend Changer Level (Positional Traders) 19166 .How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .
Buy above 19140 Tgt 19200,19270 and 19360 (Bank Nifty Spot Levels)
Sell below 19050 Tgt 18950,18880 and 18750 (Bank Nifty Spot Levels)