30th Sept’14 Banknifty Future Levels



Banknifty Future closed : 15540

Big volatile will be expected ahead of RBI Policy

If Cut 25 basis points ——– will move 250 to 400 points easily

If Unchanged ———- will fall up to 100 to 200 points from higher levels

Today’s BNF facing Resistance 15600 & 15680 levels

There after will move 15850

Today’s Supports 15475 & 15400……..

After Policy if stays below 15400……….. Panic selling expected up to 15250++

Better to Trade after Policy!!!

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BANKINDIA below 237

Bears have upper hand……….. down side Target 232 228 levels


KOTAKBANK sell on higher level

Below 996 more weakness on the card!!!

Support 985+

Updated : 08.56am / 30th Sept’14