Bank Nifty Future closed @ 34205 as on 19.03.2021..!!
Bank Nifty Future has resistance at 34373 – 34505 Point;
above which other resistance levels are at 34575 – 34707 Point
with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 34008
– 33808 Point; below 33808
Point, other support levels are at 33676 – 33505 Point.
I am positive for the next bullish trend only above @ 34575
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 @ 34575 Point, again then the upper side target is quite high and it may touch @ 34707 Point in the short term…!!
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