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BANKNIFTY INDEX PRICE ACTION EXPECTATED FOR THE DAY

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NSE:BANKNIFTY   Nifty Bank Index
-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

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