FREE WEEKLY BANKNIFTY FORECAST REPORT – FROM 25-06-12 TO 29-06-12 – WWW.MARKETCALLS.NET

This week market will react on RBI policy review & Greece elections

Last week we saw market took start with gap up opening, but banknifty could not show good jump and nifty may high of 10185 and after RBI announcement banknifty slide down to 9584. Then same as nifty banknifty in next day tried to cover upto top but could not succeeded and banknifty ends flat. Due F&O expiry remain enutral in market and keep focus on Rupee valuation.  Banknifty support at 9900 and resistance at 10200 on weekly basis.
  • KEEP SL IN SYSTEM NOT IN YOUR MIND.
  • KEEP STRICT SL IN EVERY TRADE AND POSITIONS
  • BEFORE YOU TRADE ON SYSTEM FIRST DECIDE THE SL AND THEN TRADE.

BANKNIFTY WEEKLY CHART

BANKNIFTY WEEKLY CHART

WEEKLY BANKNIFTY SUPPORT 9900 AND RESISTANCE 10200

BANKNIFTY FUT. (10031)
Buy above 10220 Target 10325-10411-10520
Sell below 9890 Target 9801-9711-9616

-Always Remember, put SL in your every trade.
– Weekly Levels are Closing Basis, so follow on closing time.
-How to follow our calls on Click Here
-Read Disclaimer at Click Here
Rupesh Yatesh Dalal
Head Research Department


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