RaviChandran_Rajkumar

Bank Nifty Trade Plan for 13 JAN 2022

NSE:BANKNIFTY   NIFTY BANK
Bank Nifty Trade Plan for 13 JAN 2022

Bank Nifty bullish streak is still on, expect a gap up opening around 38900-39000 levels.

After a gap up opening, need to wait for the price action in first 15 min before initiating any trade. Unless it sustains above 39k no long opportunity.

39000/39100 are key resistances to watch out , any resistance around those we can possibly short and can expect 38850/38800.

A very narrow CPR in Bank Nifty today.