Bank Nifty Trade Plan for 01 FEB 2022
Expect Bank Nifty to have a gap up around R1 resistance.
If R1 & Bullish Break out levels gets sustained on opening we can possible expect 38400 & if that is taken out then Target1 & Target 2.
Any resistance from R1 , then we can anticipate test of 38100 & if that taken out PDC.
In the second half then we can again expect BN to pull back on the upside if CPR sustains.
Expect Bank Nifty to have a gap up around R1 resistance.
If R1 & Bullish Break out levels gets sustained on opening we can possible expect 38400 & if that is taken out then Target1 & Target 2.
Any resistance from R1 , then we can anticipate test of 38100 & if that taken out PDC.
In the second half then we can again expect BN to pull back on the upside if CPR sustains.