BankNifty 27 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. Weekly expiry so both sides move come fast. 

Today's important level is 36950-37000 on the downside and the upper side is 38475-38500. 

Strong Support 36500.

Strong Resistance 38500.

Current week PCR: 1.10