November 26, 2024

+91 99390 80808

November 26, 2024

+91 99390 80808

HomeBank NiftyBank Nifty Trend : 14 May 2021

Bank Nifty Trend : 14 May 2021

Bank Nifty Future closed @ 32515 as on 12.05.2021..!!

Bank Nifty Future has resistance at 32575 – 32636 Point; above which other resistance levels are at 32707 – 32888 Point with highly Volatile Trend,

Bank Nifty Future has Downside support levels are at 32373 – 32202 Point; below 32202 Point, other support levels are at 32008 – 31808 Point.

I am positive for the next bullish trend only above @ 32888 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 @ 32888 Point, again then the upper side target is quite high and it may touch @ 33003 Point in the short term…!!

 

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