Expecting a flat to small gap up opening in case of Bank Nifty.
Bank nifty traded pretty bullish the yesterday session and closed above next day CPR.
In case of Bearish Reversal zone of 36895 is taken on the opening and find support we can expect Banknifty to again test out Bullish Breakout zone of 37022 & Target 1 & Target 2.
In case if the open is flat and...
Bank Nifty likely to open flat to small gap up.
36615 is the first resistance to be watched out and if that is taken out may be we can expect 36762 to act as strong resistance today.
Being narrow cpr and friday being holiday we can expect some good movement
today or tomorrow.
In case if CPR is compromised on lower side we can expect possible Target 1 & Target 2 today.