Bank Nifty Future closed @ 34086 as on 18.05.2021..!!
Dear Traders,
Bank Nifty Future has resistance at 34188 – 34272 Point;
above which other resistance levels are at 34303 – 34373 Point
with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 33808
– 33676 Point; below 33676
Point, other support levels are at 33606 – 33474 Point.
I am positive for the next bullish trend only above @ 34373 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 @ 34373 Point, again then the upper side target is quite high and it may touch @ 34606 Point in the short term…!!
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