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RaviChandran_Rajkumar

Bank Nifty Trade Plan for 27 JULY 2022

Nifty Bank Index (NSE:BANKNIFTY)  
RaviChandran_Rajkumar  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators tradershedge BANKNIFTY bankniftytrend bankniftytradesetup bankniftyanalysis bankniftytrading bankniftyoptions bankniftyview bankniftyintradaylevels
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Bank Nifty Trade Plan for 27 JULY 2022

Bank Nifty is bearishly aligned for the day. Bank Nifty is expected to open flat to small gap down opening.

In case if Bank Nifty opens flat to small gap down, any resistance from PDL & CPR we can possibly short the market and sit for targets of S1 as our first target.

In case of S1/Brearish Break out taken out we can expect next target to be Virgin CPR zone which also coincides with our Target 1.

Would prefer to go long only above CPR & at lower targets of Target 1/2.
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