Bank Nifty Future closed @ 37402 as on 15.02.2021..!!
Bank Nifty Future has resistance at 37474 – 37606 Point;
above which other resistance levels are at 37676 – 37808 Point
with highly Volatile Trend,
Bank Nifty Future has Downside support levels are at 37373
– 37007 Point; below 37007
Point, other support levels are at 36888 – 36808 Point.
I am positive for the next bullish trend only above @ 37808 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 @ 37808 Point, again then the upper side target is quite high and it may touch @ 38008 Point in the short term…!!
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