Market Guru Anil Singhvi analyses current bull trend, reveals Nifty, Bank Nifty levels for traders
On Nifty, the crucial level will be 14,350 while on Bank Nifty it will be 32,000. If the market goes below this level, only then it could be said there are signs of weakness, the Managing Editor said. A 75 points fall should not worry the investors, much. The day traders should not worry until the levels fall below 14,350 on the intraday basis. For Bank Nifty it is 32,000, he reiterated
As for Bank Nifty the strongest support levels are between 31,725 and 31,800. The trend will become neutral only when the Bank Nifty breaks this range in the downwards direction