Bank Nifty Future closed @ 32075 as on 16.04.2021..!!
Bank Nifty
Future has resistance at 32132 – 32202 Point;
above which other resistance levels are at 32373 – 32404 Point
with highly Volatile Trend,
Bank Nifty
Future has Downside support levels are at 31888 – 31737 Point;
below 31737
Point, other support levels are at 31676 – 31474 Point.
I am positive
for the next bullish trend only above @ 32404 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 @ 32404 Point,
again then the upper side target is quite high and it may touch @ 32474 Point
in the short term…!!
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