Bank Nifty Future closed @ 42500 as on 13.01.2023..!!
Dear Traders,
Bank Nifty Future has resistance
at 42606 –
42737 Point;
above which other resistance levels are at 42808 – 43008 Point
with highly Volatile Trend,
Bank Nifty Future has Downside
support levels are at 42303 – 42170 Point; below 42170
Point, other support levels are at 42008 – 41808 Point.
I am positive for the next bullish
trend only above @ 42939 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 @ 42939 Point, again then the upper side target is quite high and it may touch @ 43008 Point in the short term…!!
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