RaviChandran_Rajkumar

Bank Nifty trade plan for 16 Sep 2021

NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty likely to open with a small gap up.

Any support around CPR 36730 range is a buying opportunity and we can expect first resistance around 37000.

If 37000 is taken out we expect 37101 as next target and higher Target 1 & Target 2.

if Bearish Reversal zone 37000 holds good then we can expect a range bound move today.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.