Bank Nifty Future closed @ 35254 as on 22.02.2021..!!
Bank Nifty Future has resistance at 35303 – 35474 Point;
above which other resistance levels are at 35606 – 35770 Point
with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 35008
– 34808 Point; below 34808
Point, other support levels are at 34676 – 34474 Point.
I am positive for the next bullish trend only above @ 35606 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 @ 35474 Point, again then the upper side target is quite high and it may touch @ 35606 Point in the short term…!!
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