BANKNIFTY PREMARKET NOTES:-
- SGX NIFTY is 8 POINTS UP showing FLAT TO POSITIVE OPENING after yesterdays HUGE UPMOVE . So the BANKNIFTY also will open will around 20-30 POINTS GAP UP.
- FII Activity – CASH SOLD --9 CR / INDEX FUT BOUGHT ++644 CR
What we DID YESTERDAY:-
-----We entered LONG at 15844 and we SHARED it on TWITTER .
BANKNIFTY FUT | DEMAND | SUPPLY |
1 | 16111 | 16246 |
2 | 15996 | 16303 |
3 | 15874 | 16367 |
These levels are where we have to watch how market reacts and we have to take decision as per the PRICE ACTION.
DAILY CHART:-
- After yesterday’s good UPMOVE in BANKNIFTY now it is expected a CONSOLIDATION or a PAUSE DAY today.
- As per DAILY CHART this is the PLACE from where downmove is started. So here there will be SOME efforts will be seen from BEARS
- Banknifty Daily Candle is STRONG BULLISH ENGULFING CANDLE .
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