January 29, 2025

+91 99390 80808

January 29, 2025

+91 99390 80808

HomeBank NiftyBank Nifty Trend : 04 December 2023

Bank Nifty Trend : 04 December 2023

Date – 16.11.2023

Bank Nifty Future closed @ 45063 as on 01.12.2023..!!

Dear Traders,

Bank Nifty Future has resistance @ 45188 – 45303 Point; above which other resistance levels are @ 45474 – 45606 Point with highly Volatile Trend,

Bank Nifty Future has Downside support levels are @ 44939 – 44808 Point; below 44808 Point, other support levels are @ 44676 – 44404 Point.

We are positive for the next bullish trend only above @ 45474 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 @ 45474 Point, again then the upper side target is quite high and it may touch @ 45606 Point in the short term…!!

·      The securities quoted are for illustration only and are not recommendatory.

·      Investment in securities market are subject to market risks, Read all the related documents carefully before investing.

·      Before act Agree the Disclaimer mentioned on https://www.nikhilbhatt.in (Education Purpose Only)

Most Popular

HINDUSTAN UNILEVER

KOTAK BANK

BHARTI AIRTEL

SBI LIFE

error: Content is protected !!