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Banknifty technical update 17th November 2014

Banknifty technical update 17th November 2014

Banknifty technical update 17th November 2014

Banknifty future traded like a rocket and closed more than 1% up from its last week’s low , now if banknifty future click our resistance of 17830 and manage to sustain above our daily resistance then expect banknifty future to fire upto 17950 – 18100 .

If banknifty future click our support of 17450 and manage to sustain below our technical support then expect banknifty future to correct upto 17300 – 17150 .

Banknifty update conclusion : No sign of correction in this index and till FII dont stop their flows it looks positive

More will update to our subscribers

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About mohdarafat

Well nothing special about me a simple guy technical analyst by profession deals in commodities and major stock markets in the world

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