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RaviChandran_Rajkumar

Nifty & Bank Nifty Trade Setup for 15 JULY 2022

Nifty Bank Index (NSE:BANKNIFTY)  
RaviChandran_Rajkumar  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators tradershedge NIFTY BANKNIFTY niftytechnicals niftytradesetup bankniftytechnicals bankniftytradesetup niftyintradaylevels bankniftyintradaylevels
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trendanalysis chartpattern indicator tradershedge nifty banknifty niftytechnicals niftytradesetup bankniftytechnicals bankniftytradesetup niftyintradaylevels bankniftyintradaylevels
Both Nifty & Bank Nifty is bearishly aligned for the day.

Expecting a flat to small gap down opening in case of both the indices .

CPR should act as a strong resistance for today.

Any resistance from CPR / R1 can expect a selling opportunity today for the targets lower as marked on the charts.

In case S1 getting compromised we can expect some trending moves on the lower side or else expect to trade in yesterday range .
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