BANKNIFTY INDEX FUTURESPanjang
BANK NIFTY
Important Levels for 22-06-2021
Job well done by the bulls, irrespective of what happened globally, we opened gap down and recovered nicely to close at the extreme.
Will look to go long once 34950 in futures and 34930 in spot is broken for targets of 35200 zones in futures.
Price sustaining above 35200-35250 zones will tag 35410 and 35535 levels.
Option chain also suggests 35000 once broken can give a major upside movement.
Good positive delta also makes us feel being bullish should be a better bet.
Avoid shorting unless a good negative candle is formed at around today's high for targets of 34720 and 34550.
But will prefer not to be on the shorter side.
Job well done by the bulls, irrespective of what happened globally, we opened gap down and recovered nicely to close at the extreme.
Will look to go long once 34950 in futures and 34930 in spot is broken for targets of 35200 zones in futures.
Price sustaining above 35200-35250 zones will tag 35410 and 35535 levels.
Option chain also suggests 35000 once broken can give a major upside movement.
Good positive delta also makes us feel being bullish should be a better bet.
Avoid shorting unless a good negative candle is formed at around today's high for targets of 34720 and 34550.
But will prefer not to be on the shorter side.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.