Bank Nifty Future closed @ 35352 as on 04.02.2021..!!
Bank Nifty Future has resistance at 35404 – 35575 Point; above which other resistance levels are at 35676 – 35808 Point with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 35232 – 35008 Point; below 35008 Point, other support levels are at 34888 – 34676 Point.
I am positive for the next bullish trend only above @ 35808 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 @ 35808 Point, again then the upper side target is quite high and it may touch @ 35888 Point in the short term…!!
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