Bank Nifty Future closed @ 35665 as
on 05.02.2021..!!
Bank Nifty Future has resistance at 35808 – 35970 Point;
above which other resistance levels are at 36008 – 36202 Point
with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 35535
– 35404 Point; below 35404
Point, other support levels are at 35272 – 35008 Point.
I am positive for the next bullish trend only above @ 36008 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 @ 36008 Point, again then the upper side target is quite high and it may touch @ 36202 Point in the short term…!!
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