November 27, 2024

+91 99390 80808

November 27, 2024

+91 99390 80808

HomeBank NiftyBank Nifty Trend : 28 July 2021

Bank Nifty Trend : 28 July 2021

Bank Nifty Future closed @ 34817 as on 27.07.2021..!!

Dear Traders,

Bank Nifty Future has resistance at 34888 – 35008 Point; above which other resistance levels are at 35188 – 35303 Point with highly Volatile Trend,

Bank Nifty Future has Downside support levels are at 35770 – 34676 Point; below 34676 Point, other support levels are at 34606 – 34474 Point.

I am positive for the next bullish trend only above @ 35008 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 @ 35008 Point, again then the upper side target is quite high and it may touch @ 35303 Point in the short term...!!

 

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