November 26, 2024

+91 99390 80808

November 26, 2024

+91 99390 80808

HomeBank NiftyBank Nifty Trend : 29 April 2021

Bank Nifty Trend : 29 April 2021

Bank Nifty Future closed @ 33669 as on 28.04.2021..!!

Bank Nifty Future has resistance at 33808 – 34004 Point; above which other resistance levels are at 34140 – 34272 Point with highly Volatile Trend,

Bank Nifty Future has Downside support levels are at 33575 – 33474 Point; below 33474 Point, other support levels are at 33303 – 33008 Point.

I am positive for the next bullish trend only above @ 34004 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 @ 34004 Point, again then the upper side target is quite high and it may touch @ 34272 Point in the short term…!!

 

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