Bank Nifty Future closed @ 30421 as on 28.01.2021..!!
Bank Nifty Future has resistance at 30474 – 30606 Point; above which other resistance levels are at 30676 – 30808 Point with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 30373 – 30202 Point; below 30202 Point, other support levels are at 30033 – 29909 Point.
I am positive for the next bullish trend only above @ 30808 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 @ 30808 Point, again then the upper side target is quite high and it may touch @ 30930 Point in the short term…!!
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