BANKNIFTY PREMARKET NOTES:-
- SGX NIFTY is 35 POINTS GAP DOWN showing NEGATIVE OPENING . So the BANKNIFTY also will open will around 100 POINTS GAP DOWN.
- FII Activity – IN CASH SOLD – 1134 CR / INDEX FUT SOLD --213 CR
| BANKNIFTY FUT | DEMAND | SUPPLY |
| 1 | 15650 | 15970 |
| 2 | 15500 | 16117 |
| 3 | 15280 | 16260 |
These levels are where we have to watch how market reacts and we have to take decision as per the PRICE ACTION.
WHAT CHART is SAYING?
- After the yesterday’s S&P Upgrade and EXPIRY is over now market will show its natural trend. Long term Trend is UP. But Short term trend is DOWN.
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UPDATESON:-
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