RaviChandran_Rajkumar

Bank Nifty Trade Setup for 08 FEB 2022

NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty Trade Setup for 08 FEB 2022

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

Expected Bank Nifty to be in a range today.

CPR is a strong resistance for BN, in case of CPR taken on upside or a good support around Bullish reversal zone we can possible expect BN to gain test out 38500.

In case of good resistance from CPR we can anticipate PDL & taken out 37500.

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