November 29, 2024

+91 99390 80808

November 29, 2024

+91 99390 80808

HomeBank NiftyBank Nifty Trend : 09 MARCH 2022

Bank Nifty Trend : 09 MARCH 2022

Bank Nifty Future closed @ 33286 as on 08.03.2022..!!

Dear Traders,

Bank Nifty Future has resistance at 33373 – 33474 Point; above which other resistance levels are at 33530 – 33676 Point with highly Volatile Trend,

Bank Nifty Future has Downside support levels are at 33130 – 33003 Point; below 33003 Point, other support levels are at 32808 – 32676 Point.

I am positive for the next bullish trend only above @ 33676 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 @ 33676 Point, again then the upper side target is quite high and it may touch @ 33707 Point in the short term...!!


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