November 28, 2024

+91 99390 80808

November 28, 2024

+91 99390 80808

HomeBank NiftyBank Nifty Trend : 26 NOVEMBER 2021

Bank Nifty Trend : 26 NOVEMBER 2021

Bank Nifty Future closed @ 37360 as on 25.11.2021..!!

Dear Traders,

Bank Nifty Future has resistance at 37588 – 37636 Point; above which other resistance levels are at 37707 – 37838 Point with highly Volatile Trend,

Bank Nifty Future has Downside support levels are at 37474 – 37404 Point; below 37404 Point, other support levels are at 37272 – 37170 Point.

I am positive for the next bullish trend only above @ 37838 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 @ 37838 Point, again then the upper side target is quite high and it may touch @ 37909 Point in the short term...!!

 

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