RaviChandran_Rajkumar

Bank nifty Trade Plan for 28 JAN 2022

NSE:BANKNIFTY   Nifty Bank Index
Bank nifty Trade Plan for 28 JAN 2022

Bank Nifty likely to open flat to small gap up.

Immediate resistance on the upside is 38300.

Any pull back to CPR and support getting confirmed we can possibly go long and if PDH is taken out we can see higher targets as plotted.

CPR getting compromised we can expect S1 & PDL.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.