BankNifty 20 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. Be cautious today weekly expiry both sides move coming. 

Today's important level is 37700 on the downside and the upper side is 38300. 

Strong Support 37500.

Strong Resistance 38800.

Current week PCR: 0.67