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BankNifty Conviction Idea for March 31 2021

Short
NSE:BANKNIFTY   Nifty Bank Index
SGX Nifty is hinting a flat or negative start for Indian Domestic Markets #nifty and #banknifty. After a nice bull run yesterday, we are back to our usual which is correction correction and more correction.

Import Levels for the Day

Prepopen: 33600

Strong Resistance: 34000
Resistance 1: 34500

Strong Support: 33500
Support 1: 33000

If it breaks 33500 then again a strong fall of 500 points is likely. Follow us for daily strategy in #banknifty.

Happy Investing :)
Team, Investwise

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