November 26, 2024

+91 99390 80808

November 26, 2024

+91 99390 80808

HomeBank NiftyBank Nifty Trend : 20 April 2021

Bank Nifty Trend : 20 April 2021

Bank Nifty Future closed @ 31267 as on 19.04.2021..!!

Bank Nifty Future has resistance at 31373 – 31505 Point; above which other resistance levels are at 31676 – 31808 Point with highly Volatile Trend,

Bank Nifty Future has Downside support levels are at 31008 – 30808 Point; below 30808 Point, other support levels are at 30676 – 30303 Point.

I am positive for the next bullish trend only above @ 31676 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 @ 31676 Point, again then the upper side target is quite high and it may touch @ 31808 Point in the short term…!!

 

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