RaviChandran_Rajkumar

Bank Nifty Trade Plan for 17 Aug 2021

NSE:BANKNIFTY   NIFTY BANK
Expect a flat opening in BN .

Bank Nifty is shown weakness on closing yesterday and well below today CPR levels.

36157 should act as a good resistance for BN today and if that is compromised we can expect it to again test previous session highs & higher.

In case if 36031 is taken on the lower side we can expect BN to test lower supports of 35895 & 35865 level.

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