RaviChandran_Rajkumar

Bank Nifty Trade Plan for 27 OCT 2021

NSE:BANKNIFTY   NIFTY BANK
Bank Nifty Trade Plan for 27 OCT 2021

Bank Nifty expected to have flat to small gap up opening.

41090 is a strong support and any pull back to this level and finding support we can go long with possible first target of Bearish Reversal zone of 41387 and that taken out we can see it to test Breakout zone of 41534 & higher.

Would prefer to short Bank nifty only when the CPR is compromised and a good resistance is confirmed.