Nifty| Bank Nifty futures share price target for 25th Nov
Nifty & Bank Nifty futures share price target for 25th Nov
Nifty & Bank Nifty futures share price: Today both Nifty futures and Bank Nifty futures share price closed in the red. Nifty futures after opening at 11973.60 touched an intraday high at 11977.40. Then from the day’s high, it fell to the day’s low at 11884.10 and was hovering around 20 – 30 points during the day.
Nifty futures share price made a movement of 93.3 points today. In the end, it fell 61.55 points and closed at 11,913.
Bank Nifty futures share price opened today at 31,248.20 down 68.55 points from yesterday’s close. The Bank Nifty touched an intraday high at 31329.70 and the day’s low at 31,023.35. During the day it has given a movement of 306.35 points and traded sideways in the second half.
In the end, Bank Nifty futures share price was down 191.30 points and closed at 31,125.45.
Both the indices traded in a tight range in the second half of the day on 22nd Nov 2019.
Nifty futures share price target for 25th Nov
Primary Trend Nifty Future: Sideways
Range-Bound Trend of Nifty Futures: All up Moves Initiates Profit Booking (Sale) @ 11980 whereas All Down Moves Initiates Short Covering (Buy) @ 11850
If Nifty future share price Moves Above 11927 and sustain. Then you should Buy with 1st Target of 11948 during the day with a Stop Loss of 11894. FOR the Target of 11948-11966- 11985
If Nifty future share price Moves Below 11894 and sustain. Then you should Sell with 1st Target of 11872 during the day with a Stop Loss of 11927. FOR the Target of 11872- 11850- 11830
The Bank Nifty futures share price target for 25th Nov
Primary Trend of Bank Nifty Future: Sideways
Range-Bound Trend of Bank Nifty Future: All up Moves Initiates Profit Booking (Sale) @ 31250, whereas All Down Moves Initiates Short Covering (Buy) @ 30900
If Bank Nifty future share price Moves Above 31165 and sustain. Then you should Buy with 1st Target of 31220 during the day with a Stop Loss of 31070. FOR the Target of 31220 – 31278- 31375
If Bank Nifty future share price Moves Below 31070 and sustained. Then you should Sell with 1st Target of 30997 during the day with a Stop Loss of 31165. FOR the Target of 30997 – 30925- 30870
Conclusions:
The Nifty and Bank Nifty futures share price closed in red today. Profit booking at higher levels is seen in the last week. Indian market will move sideways on Monday until it gets some trigger to move further.
Traders need to be cautious now and should trade with strict stop loss. Monday market will open as per the global cues, you need to follow the development of the US-China trade deal news. Traders can follow our Nifty and Bank Nifty futures share price target for 25th Nov 2019.
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