Bank Nifty Future closed @ 41864 as on 25.01.2023..!!
Dear Traders,
Bank
Nifty Future has resistance at 42009 – 42109 Point;
above which other resistance levels are at 42232 – 42303 Point
with highly Volatile Trend,
Bank
Nifty Future has Downside support levels are at 41808 – 41676 Point;
below 41676
Point, other support levels are at 41570 – 41474 Point.
I
am positive for the next bullish trend only above @ 42303 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 @ 42303 Point, again then the upper side target is quite high and it may touch @ 42373 Point in the short term…!!
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