BankNifty Future Analysis Report for 22nd February 2017

Standard

BankNiftyFuture closed at 20656 on Tuesday 21st February 2017.

Expiry of February Contracts are on coming Thursday (23rd February)

BankNifty Future in Shortterm Bullish Trend………

Strategy for 22nd February Wednesday is to ……..

 

Buy on Dips to 20536 with stoploss of Major Support @ 20462…..

(Day Traders  can exit at target of 20776 & others can hold for positional Target of  20821)

OR

Sell on Rise to Intraday Hurdle of 20776 with Stoploss of Shorterm Hurdle @ 20852

(Intradaytraders should exit @ target of 20536)

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