Bank Nifty Trade Setup for 19 JULY 2022
Bank Nifty expected to have a gap down opening around Bearish Break out zone & S1 Support levels.
Any rejection from S1 support levels or Bearish BO we can anticipate Bank Nifty to test out PDL & then may be Virgin CPR levels of yesterday.
In case if S1 support holds good then we can anticipate Nifty to be in a range and might test again Bullish Reversal Zone & that taken out then PDH.
Check out the linked video for detailed analysis.
Bank Nifty expected to have a gap down opening around Bearish Break out zone & S1 Support levels.
Any rejection from S1 support levels or Bearish BO we can anticipate Bank Nifty to test out PDL & then may be Virgin CPR levels of yesterday.
In case if S1 support holds good then we can anticipate Nifty to be in a range and might test again Bullish Reversal Zone & that taken out then PDH.
Check out the linked video for detailed analysis.