Tuesday, January 21, 2025

BANKNIFTY SPOT OVERVIEW

 


Now if we talk about today's Bank Nifty spot, it opened at 49,532 today and made a high of Rs 49,543 and is currently hovering around 48,719. Now if we talk about what to do next, if it is now seen around 48,319, you can buy and sell and above is 48,800 and 49200 /49592/ 49658/49990 and below is registration, if you see, the first support level is Rs 47,893 and then 47,005 becomes the second support and then if it is Rs 46,604, keep that in mind and it becomes the last support. And talking about the market, the market is currently on sell-off. Currently, it is prudent to sell and exit when there is a surge, and if it happens during the budget, there is a possibility that it could fall further, so trade with caution, especially on the Bank Nifty spot.

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