Nifty and Bank Nifty Futures Trend Analysis for the coming week begining from 30.04.2018 and past week performance for the period 23.04.18 to 27.04.18 are furnished as below. The Nifty and Bank Nifty Futures Trend Analysis will be useful for Index future traders and Index Option Traders. The Trend Analysis is useful for Intraday Traders as well as positional traders. For options traders need to follow the nearer strikes of Buy or Sell side targets.
The levels here posted are based on my studies and knowledge I have on the markets and it is not a buy or sell recommendations. Please treat all the posts here are for educational purpose only.
Nifty And Bank Nifty Futures Trend : –
Please refer the below table for the next week trend predictions
Past Week Performance
NIFTY FUTURES
Nifty futures consolidated between 10531 to 10635 from 23.04.18 to 26.04.18, considering the buy sell level it has triggered sell levels & then buy levels, both side SL hits So loss of 116 points, In Rupees 8700 / –
On 27th with start of new series it has triggered buy levels from target 1 & made a high of 10744 almost hit 3rd target, by considering the exit at Nifty Future close it achieved + 52 points
Net loss for the week is 64 points, In Rupees 4800 / -.
BANK NIFTY FUTURES
Banknifty futures triggered sell levels on 23.04.2018 & achieved almost 2 nd target made low of 24705 & bounce back, so everyone must have booked profits at target 1 i.e. minimum 175 points In Rupee 7000/- achieved. With the start of new series Banknifty futures buy triggered & made a high of 25477, here second target i.e. minimum of 252 points In Rupee 10085, only first target levels considered here.
So Overall Profit for the week in Bank Nifty comes to 427 points, In Rupees 17080
To make consistent returns from the Nifty & Bank Nifty Strategy they have to take every buy or sell set ups generated by this strategy. All the contents updated here are educational purpose only and not a buy or sell recommendation. To gain confidence on this trend analysis do paper trades & record the performance by yourself.
Past Performance please visit the weekly trend analysis post updated every week.
Stocks Performance Updated during April 2018 for Educational Purpose on Website / Telegram Channel is furnished as below
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