Bank
Nifty Future closed @ 36013 as on 08.02.2021..!!
Bank Nifty Future has resistance at 36136 – 36272 Point;
above which other resistance levels are at 36333 – 36404 Point
with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 35909
– 35777 Point; below 35777
Point, other support levels are at 35575 – 35404 Point.
I am positive for the next bullish trend only above @ 36404 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 @ 36404 Point, again then the upper side target is quite high and it may touch @ 36474 Point in the short term…!!
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