November 28, 2024

+91 99390 80808

November 28, 2024

+91 99390 80808

HomeBank NiftyBank Nifty Trend : 26 OCTOBER 2021

Bank Nifty Trend : 26 OCTOBER 2021

Bank Nifty Future closed @ 41342 as on 25.10.2021..!!

Dear Traders,

Bank Nifty Future has resistance at 41404 – 41474 Point; above which other resistance levels are at 41533 – 41606 Point with highly Volatile Trend,

Bank Nifty Future has Downside support levels are at 41272 – 41202 Point; below 41202 Point, other support levels are at 41088 – 40808 Point.

I am positive for the next bullish trend only above @ 41606 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 @ 41606 Point, again then the upper side target is quite high and it may touch @ 41636 Point in the short term...!!

 

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