BankNifty 29June 2018 Update


BankNifty Futures Trading at 26360 at 10.30 am, This level is a  make or break level for the bulls for the coming few days, if it sustains above these on the closing basis for next few trading session, markets may edge towards 26570-26660-26720-70-26880-26960 for the coming weekly expiry.

Bears should protect 26490 for the week on the closing basis if they BNF may retest the levels of  26360-26250-26120-25980-20.

Drawdown depends upon global markets, they have corrected for last few weeks, if they see a downside for the next week too, Our markets could be in a  free fall mode. If they take support, we will skyrocket for next few days.

Today I would track 26500 call options trading now at 132, it should not trade below 120 , for at least 1 hour, if it trades above, we could see 160-190-220.

Trade less -Trade form Savings money

All the best

Sagar U.S




Published by

Sagar U.S

Have all human nature like greed, fear, love, passion, compassion, but the latter qualities are my strength. Mission to create 1 Million Entrepreneurs !

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.