MTECHTIPS BANKNIFTY FUT intraday trading analysis 15-06-2016
MTECHTIPS Banknifty future today closed at 17642 with gain. Banknifty has taken support around 17500 and showing early reversal signs on chart. For tomorrow, banknifty future outlook is bullish. On downside 17500 and 17280 are intraday support levels. On upside 17700 and 17775 are resistances as well as target zones. Future traders can follow buy at support zone strategy with strict stop loss for banknifty future intraday targets 17700 ad 17775. Option traders use banknifty 17200 call options as buy and accumulate with stop loss below 17200.
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