MARKETCALLS‘ VIEW ON BANKNIFTY (INTRADAY)
We wish you To Have A Superb Profitable Trading Day Today !!!
Yesterday we told here that if banknifty cross then it may touch 9666 anf banknifty made high of 9693 and closed at 9671. RBI indicated that it may decrease the interest rate to 50 bps. So all banks are entered in bull phase. Now today if banknifty cross 9813 and close above then it may touch 10032. If banknifty open above 9821 then remain neutral in market for first 30 minutes then start trading advisable.
STRICTLY TRADE WITH STOP LOSS ONLY. IN THE MARKET ONLY SL CAN SAVE YOU.
BANKNIFTY FUTURE CHART
INTRADAY BANKNIFTY SUPPORT 9507 AND RESISTANCE 9813
BANKNIFTY FUTURE (9671)
Buy above 9821 Target 9878-9920-9967 SL 9780
Sell below 9570 Target 9510-9461-9404 SL 9621
-Always Remember, put SL in your every trade.
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Head Research Department