Positional View #BankNiftyFutres for Dec Series. BankNifty Fut Triggers Point are 31940 is a Buy Break-Out Zone & 31860 is Break-Down Zone. kindly refer to the chart posted for a graphical understanding of above.
Lets discuss 2 possible Trade Setup.
1) Nifty Fut Break-Out above 31940 mark - > Heading for a Tgt of 3210 / 32700 on fut basis.
2) Nifty Fut Break-Down Below 31860 mark - > Heading for a Tgt of 31500 / 31080 on fut basis.
Gamer Changer - > 30920 - 30840 mark.
We shall review the trade-setup with market progresses. Stay Tuned.
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