Bank Nifty Future closed @ 43136 as on 04.01.2023..!!
Dear Traders,
Bank Nifty Future has resistance at 43202 – 43373 Point; above which other resistance levels are at 43404 – 43474 Point with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 43008 – 42880 Point; below 42880 Point, other support levels are at 42808 – 42676 Point.
I am positive for the next bullish trend only above @ 43404 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 @ 43404 Point, again then the upper side target is quite high and it may touch @ 43474 Point in the short term...!!
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