November 28, 2024

+91 99390 80808

November 28, 2024

+91 99390 80808

HomeBank NiftyBank Nifty Trend : 02 DECEMBER 2021

Bank Nifty Trend : 02 DECEMBER 2021

Bank Nifty Future closed @ 36494 as on 01.12.2021..!!

Dear Traders,

Bank Nifty Future has resistance at 36577 – 36636 Point; above which other resistance levels are at 36707 – 36777 Point with highly Volatile Trend,

Bank Nifty Future has Downside support levels are at 36404 – 36330 Point; below 36330 Point, other support levels are at 36272 – 36202 Point.

I am positive for the next bullish trend only above @ 36777 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 @ 36777 Point, again then the upper side target is quite high and it may touch @ 36808 Point in the short term...!!

 

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