BankNifty 12 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.

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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. 

Today's important level is 38175-38200 on the downside and the upper side is 38700. 

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: 1.08