BANKNIFTY INDEX FUTURES
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Bank Nifty Future

104
So here is what I feel MAY happen to the Indices going forward. The BNF has resistence at 44100-44200 range. Now remember...... watch this UPMOVE IF IT TAKES PLACE ALONG WITH THE RSI DIVERGENCE INDICATOR. If we move up, but the Divergence Reading makes a HIGHER LOW READING..... then you will know it is time for a PULLBACK. The Parallel lines indicate the Resistence at the TOP and the Supports below. The Green Arrow says that a Move MAY take place to the upside from any of the supports, and the RED arrows indicate the TARGETED downside. All the Best.............. play your cards well
Uwaga
WATCH 19450 NIFTY SPOT
Uwaga
THE RSI DIVERGENCE IS MAKING HIGHER READINGS ........... HENCE DO NOT SHORT. I REPEAT DO NOT SHORT
Uwaga
WAIT FOR ANOTHER DIVERGENCE TO GET CREATED TO GO SHORT......... MARKET IS STRETCHED IN THE VERY SHORT TIME FOR ME
Uwaga
IT MAY SUIT SOME OF YOU TO BUY '' OTM ''' PUTSS NEXT MONTH.... LIKE EVEN 42500 PE

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