Bank Nifty Future closed @ 31181 as
on 25.01.2021..!!
Bank Nifty Future has resistance at 31232 – 31303 Point;
above which other resistance levels are at 31373 – 31474 Point
with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 31031
– 30970 Point; below 30970
Point, other support levels are at 30888 – 30808 Point.
I am positive for the next bullish trend only above @ 31404 Point
but be with the trend. Let the market decide further moves.
As we are saying from many days, Buying is suggested in falls
only…and it’s still a better strategy in the given Scenario…!!!
Regarding Long term positions, it is preferable to remain
cautious now…!!
If Bank Nifty Future crosses @ 31404 Point,
again then the upper side target is quite high and it may touch @ 31474 Point
in the short term…!!
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