Bank Nifty Future closed @ 38088 as on 31.01.2022..!!
Dear Traders,
Bank Nifty Future has resistance at 38188 – 38303 Point; above which other resistance levels are at 38434 – 38606 Point with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 37888 – 37676 Point; below 37676 Point, other support levels are at 37404 – 37232 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 @ 38770 Point in the short term...!!
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