BANKNIFTY SPOT ANALYSIS FOR 02-06-15

02-06-15 banknifty

BANKNIFTY SPOT DAILY CHART

BANKNIFTY SPOT LAST CLOSE:18617

ON 01-06-15 updated , if trades above 18755 for 10-15 minutes than can face minor hurdle around 18824 crossover with volume can face strong resistance around 18934, suppose not crosses 18755 and breaks 18645 and trades below it for 15-20 minutes with volume than slide till 18534-18466 possible….MAKES A HIGH OF 18832.5 AND A LOW OF 18598.70

Today RBI POLICY DAY, NO COMMENTS , JUST KEEP EYE ON 18917 ON HIGHER SIDE AND 18449 BREAK AND CLOSE WILL DECIDE THE NEXT TREND…..

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About ASHISH JAIN

13 years experience in MCX , NSE & COMEX
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