RaviChandran_Rajkumar

Bank Nifty Trade Setup for 06 APR 2022

NSE:BANKNIFTY   Nifty Bank Index
Bank Nifty Trade Setup for 06 APR 2022

Global markets shows weakness today. Bank Nifty likely to open around S1 support levels.

Previous day low should act as first resistance & if Bearish Break out its Compromised we can expect possible Target 1 & Target 2 and may be Virgin CPR of 04 APR should act as a possible support to bounce back.

We can look for fresh buying opportunity at earlier Virgin CPR rejection or above CPR.

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