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Dalal street winners banknifty future weekly report for 13 to 17 march 2017

Saturday, March 11, 2017 2:09
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Dalal street winners free weekly banknifty future tips


Banknifty future this week closed at 20796 with gain. This week banknifty future given 400+ points rally from low and achieved my given target 20900+ with high 20933. Banknifty future also on daily and weekly chart looking overbought. Banknifty future trend is bullish but expect a correction before next major move. On downside banknifty future major support is at 20400 and target for corrective sell call.

If gives breakdown below 20400 then it will be start of downtrend for targets 19800 and then 18900. Above 20400 outlook is bullish and targets till at 21300 and 21900 but as market overbought expect correction and then rally.

Option traders keep buy and accumulate view on banknifty 20900 put options on decline with stop loss for big jackpot gains in short terms.


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