November 26, 2024

+91 99390 80808

November 26, 2024

+91 99390 80808

HomeBank NiftyBank Nifty Trend : 24 May 2021

Bank Nifty Trend : 24 May 2021

Bank Nifty Future closed @ 34763 as on 21.05.2021..!!

Bank Nifty Future has resistance at 34979 – 35088 Point; above which other resistance levels are at 35202 – 35350 Point with highly Volatile Trend,

Bank Nifty Future has Downside support levels are at 34676 – 34404 Point; below 34404 Point, other support levels are at 34272 – 34008 Point.

I am positive for the next bullish trend only above @ 35350 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 @ 35350 Point, again then the upper side target is quite high and it may touch @ 35474 Point in the short term…!!

 

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