MTECHTIPS BANKNIFTY FUT intraday trading analysis 24-05-2016

MTECHTIPS BANKNIFTY FUT intraday trading analysis 24-05-2016
MTECHTIPS Banknifty future today closed at 16395 with loss of 111 points. See below 16480 banknifty is heading for tgt 15900 then might be 14900.For tomorrow 24th may 2016, banknifty future outlook remain bearish but strategy remain buy at support for intraday.Banknifty intraday support zones are 16315 and 16200 while on upside 16360 and 16525 are strong intraday resistances.For future traders 16200-16300 is intraday buying zone with SL for tgt 16360 and 16525.Option traders watch banknifty 16200 call options for intraday.
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