Bank Nifty future May trade in the range 28165-29490. Decision Level :28580.Above & below :Bullish & Bearish . Above 28580 : 28670/28765/28859/28953/29047/29165/29259/29360/29490 Below 28580 : 28485/28390/28292/28165.
Above 29490 : BNF may test 30316. Below 28165 : BNF may test 27800.
Some profit booking may come. First level to watch out for 29047/29165. There is no trend reversal sign as of now. But Daily and weekly chart suggesting some profit booking/consolidation /trend reversal may come.