BANKNIFTY INDEX PRICE ACTION EXPECTATED FOR THE DAY
177
-AGAIN BANKNIFTY IN BOOM BOOM ZONE -FALLING DOLLAR EM POSITIVE -ALL THREE MAJOR WEIGHTAGE STOCKS ABOVE 200-EMA -NEXT TWO ON THE FOLLOW TO COMPLETE THAT MOVE -NEXT BANKNIFTY TARGET IS 25000-25300 -SUPPORT IS CRUCIALLY PLACED AT 23916 (200-EMA) -CRUCIAL RESISTANCE PLACED AT 25110 (200-SMA) -CAUTION I BELIEVE THERE IS A GAP-UP TOMORROW IN BANKNIFTY -MIGHT RUN INTO RESISTANCE AT 200-SMA
RESISTANCE FOR THE DAY (FUT) 25000-25300-25500 SUPPORT FOR THE DAY (FUT) 23700-23850-24300