BankNifty 12 April 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. 

Today's important level is 37425 on the downside and on the upper side is 38000.

Strong Support 36500.

Strong Resistance 38500

Current week PCR: 0.76