BankNifty 15 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. Cautious view now in both indexes. We are looking Nifty to go above the 17850 level...Till then don't expect bullishness.

Short term trend is bearish right now. We should find out the reversal level in the next few days.

Today's important level is 36300-36350 on the downside and on the upper side is 37400-37450. 

Strong Support 36000-36500.

Strong Resistance 37500

Current week PCR: 0.56

In the upcoming week BankNifty might be testing 35000 levels.....let's see where we go.