BankNifty 11 January 2022

Good Morning,

My today BankNifty view...Please watch levels. If anyone takes a trade-in index, then book a small profit as per digestion. Be cautious in Index trade. 

Remember:

1. The market is supreme.
2. My view is also wrong.

Still, My same opinion if you have patience then...focus on the cash stocks market...7-15 day's hold and book good and safe profit.

---

BankNifty:

BankNifty...Same...Giving Surprises...Where breakout/breakdown.....so wait...😅😅😅 for a perfect level. Right now buying on dips strategy but on the correct levels. 

In the Weekly chart, this target is slightly higher - 39000 and then 40000 or trying to again ATH levels. 

Today's important level is 38050-38100 on the downside and the upper side is 38600-38650. 

Strong Support 38000.

Strong Resistance 39000.

If the price sustains above 38000 levels then again upside 2000 points comes in upcoming days.  

Current week PCR: 1.12