RaviChandran_Rajkumar

Bank Nifty Trade Plan for 29 Sep 2021

NSE:BANKNIFTY   NIFTY BANK

Expect Bank Nifty to open gap down.

Global weakness withnessed in the last trading session and expecting nifty to open gap down.

Key levels on the lower side to be watched out are Bullish Reversal of 37653 and 37361 levels, Any of the these levels compromised on the lower side we can can expect BN to test out Target 1 and Target 2 (37 K levels).

If that is compromised we can expect 36530 to be tested on the lower side.

Very Narrow CPR and India VIX on high , expect some good volatile market and trade safe.