Bank Nifty Future closed @ 36133 as on 12.02.2021..!!
Bank Nifty Future has resistance at 36272 – 36373 Point;
above which other resistance levels are at 36474 – 36606 Point
with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 36006
– 35909 Point; below 35909
Point, other support levels are at 35777 – 35676 Point.
I am positive for the next bullish trend only above @ 36474 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 @ 36474 Point, again then the upper side target is quite high and it may touch @ 36606 Point in the short term…!!
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