Bank Nifty Trade Plan for 01 FEB 2022Bank Nifty Trade Plan for 01 FEB 2022
Expect Bank Nifty to have a gap up around R1 resistance.
If R1 & Bullish Break out levels gets sustained on opening we can possible expect 38400 & if that is taken out then Target1 & Target 2.
Any resistance from R1 , then we can anticipate test of 38100 & if that taken out PDC.
In the second half then we can again expect BN to pull back on the upside if CPR sustains.
Bankniftytechinical
Bank Nifty Trade Plan for 01 DEC 2021Bank Nifty Trade Plan for 01 DEC 2021
Bank Nifty looking weaker and closed below the next day CPR levels.
Any gap up opening or flat opening, we will look for possible opportunity to sell on CPR rejection or closing price getting compromised on lower side and sit for possible lower targets as plotted on the chart.
Expecting market to be in a range rather then much trending. BN looks to be sell on rise for tomorrow.
Bank Nifty Trade Plan for 18 NOV 2021Bank Nifty Trade Plan for 18 NOV 2021
Expecting Bank Nifty to open flat to small gap down today.
Bank Nifty good support is found around 37780 and can expect some reversal trade to CPR today.
If CPR taken out we can expect it test 38300.
Expecting Bank Nifty to be in a range bound today being expiry.