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RaviChandran_Rajkumar

Bank Nifty Trade setup for 12 JAN 2022

Nifty Bank Index (NSE:BANKNIFTY)  
RaviChandran_Rajkumar  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators tradershedge BANKNIFTY bankniftytrend bankniftytradesetup bankniftyanalysis bankniftyprediction bankniftytrading
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trendanalysis chartpattern indicator tradershedge banknifty bankniftytrend bankniftytradesetup bankniftyanalysis bankniftyprediction bankniftytrading
Bank Nifty Trade setup for 12 JAN 2022

Global markets looks bullish and Bank Nifty expected to gap up around 38620 levels.

38600 zone is a strong resistance, if it sustains and manages to find support above 38630 the we can expect a possible up move to next targets with SL below R1.

In case of resistance confirmed around R1 we can expect BN to again test PDC & CPR.
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