Bank Nifty Future closed @ 35601 as on 18.08.2021..!!
Dear Traders,
Bank Nifty Future has resistance at 35575 – 35707 Point; above which other resistance levels are at 35838 – 36006 Point with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 35474 – 35373 Point; below 35373 Point, other support levels are at 35202 – 35008 Point.
I am positive for the next bullish trend only above @ 36006 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 @ 36006 Point, again then the upper side target is quite high and it may touch @ 36088 Point in the short term...!!
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