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Caapinves
Jan 28, 2021 4:08 PM

Will Bank Nifty raise tomorrow? 

NSE:BANKNIFTY15
Nifty Bank IndexNSE

Description

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Will Bank Nifty raise tomorrow?

Today Bank nifty has opened at 29812.30 and touched
the day low 29687.70.

The index till 3pm, yesterday strong resistance of yesterday
low and after the profit booking has completed the index
break the strong resistance and moved day high at 30464.40
and closes at 30358.30

whether will happen to Bank nifty tomorrow?

Virgin CPR - Extended - Yes - 27/01/2021
Excepted CPR tomorrow: 30076.05 and 30264.25
Pivot Point: 30,170.15

Support and Resistance:

S1 - 29875.90 R1 - 30652.60
S2 - 29393.45 R2 - 30946.85
S3 - 28616.70 R3 - 31723.55

Short:

If the script closes below today Day low then go for Short.
target - 29400

Long:

If the script go above today day high go for Long:

Target - 30900.

Disclaimer: Kindly do your own analysis before executing the trade.

Trade closed: target reached

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Target Reached 30900
Trend Analysis
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