Bank Nifty Future closed @ 38267 as on 18.01.2022..!!
Dear Traders,
Bank Nifty Future has resistance at 38373 – 38440 Point; above which other resistance levels are at 38535 – 38606 Point with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 38188 – 38008 Point; below 38008 Point, other support levels are at 37930 – 37808 Point.
I am positive for the next bullish trend only above @ 38606 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 @ 38606 Point, again then the upper side target is quite high and it may touch @ 38676 Point in the short term...!!
Note :- Before Act please refer & agree Terms & conditions, Disclaimer, privacy policy & agreement on www.nikhilbhatt.in
