Nifty and Bank Nifty Futures Trend Analysis for the coming week beginning from 07.05.2018 and past week performance for the period 30.04.18 to 04.05.18 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 for the whole week initially buy side triggered but failed to attain the first target levels & again triggered towards sell side & did not achieved the first target. The nifty made a high of 10787 & low of 10640 during the week ended between 30.04.18 to 04.05.18.
As the whole week became the consolidation week here the situation came and the week didn’t give any returns. Some traders might have booked some short profits here during the trigger of buy or sell levels.
According to me Nifty for the week have became a Zero sum game.
BANK NIFTY FUTURES
Banknifty futures as well consolidated in the week and remained in the very short range. Banknifty opened the week at 25401 and remained in the positive zone in a very narrow range. During the week the banknifty low was at 25401 & made a high of 25753.
Considering the price close at 25723 the banknifty future given returns of 125-130 points. In Rupee terms profit of Rs. 5000/- .
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. https://www.ssveducation.com/performance-report-of-stocks-nifty-and-bank-nifty-futures-during-april-2018/
Stocks Performance Updated during April 2018 for Educational Purpose on Website / Telegram Channel is furnished as below
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