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RaviChandran_Rajkumar

Bank Nifty Trade setup for 16 JUNE 2022

Nifty Bank Index (NSE:BANKNIFTY)  
RaviChandran_Rajkumar  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators tradershedge BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftytrend bankniftylevelsexpiry
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trendanalysis chartpattern indicator tradershedge banknifty bankniftytradesetup bankniftyanalysis bankniftytrend bankniftylevelsexpiry
Bank Nifty Trade setup for 16 JUNE 2022

Expecting a gap up opening in Bank nifty around R1 resistance zones.

In case if it sustains above R1 then we can expect a possible up move towards PDL / Target 1 / Target 2.

Any breakdown of R1 we can possible expect to test CPR & PDC / PDL.

Expecting to be in a range bound today if R1 is compromised early.
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