RaviChandran_Rajkumar

Bank Nifty Trade Plan for 18 Aug 2021

NSE:BANKNIFTY   NIFTY BANK
BANK Nifty expected to open flat.

Bank Nifty managed to close bullish above current day CPR which should act as a possible support.

In case CPR is compromised we can expect next support around 35762.

First resistance on the upside is around 35972 and then if that is taken on upside we can expect yesterday's virgin cpr to be tested out.

Comments

Looks like no impact of negative DJ and Nasdaq on nifty
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