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RaviChandran_Rajkumar

Bank Nifty Trade Setup for 07 APR 2022

Nifty Bank Index (NSE:BANKNIFTY)  
RaviChandran_Rajkumar  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators tradershedge BANKNIFTY bankniftytradesetup bankniftylevels bankniftytrend bankniftytrading bankniftyanalysis
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trendanalysis chartpattern indicator tradershedge banknifty bankniftytradesetup bankniftylevels bankniftytrend bankniftytrading bankniftyanalysis
Bank Nifty Trade Setup for 07 APR 2022

Bank Nifty expected to open gap down around PDL.

The immediate resistance would be PDL & PDC. In case of resistance from PDL we can expect some good move to S1 & Bearish Breakout.

Failure to sustain above Bearish Break out we can expect Target 1 & Target 2. In case T2 is taken down early then we can expect to test 4 APR virgin CPR zone.
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