Bank Nifty Trade Setup for 10 MAR 2022
Global parameters positive
Closing Analysis also looks positive above next day CPR and having higher value relationship.
First resistance being 34000 & R1 34200.
If R1 taken out expect 34500 which also coincides with V-CPR of 7th MAR.
In case of gap down of flat opening, Any support at CPR we can possibily take long position.
Having a Bullish Reversal inside the CPR which should act as strong support on downside.
Closing Analysis also looks positive above next day CPR and having higher value relationship.
First resistance being 34000 & R1 34200.
If R1 taken out expect 34500 which also coincides with V-CPR of 7th MAR.
In case of gap down of flat opening, Any support at CPR we can possibily take long position.
Having a Bullish Reversal inside the CPR which should act as strong support on downside.
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