BankNifty 04 February 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 for 7-15 days' hold and book a 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. Cautious view now in both indexes. 

Today's important level is 38700 on the downside and on the upper side is 39350. 

Strong Support 38000.

Strong Resistance 40000

Current week PCR: 0.74