Bank Nifty trade setup for 25 APR 2022 Bank Nifty is likely to open around 35600/35500 levels. The immediate support for this is 29 MAR Virgin CPR zones, the low of that is 35400. Hence we can expect some support around these levels and can expect a reversal. In case if this this getting compromised we can expect Bank Nifty to test out 35000 where the next...
Nifty trade setup for 25 APR 2022 Nifty having a gap down opening around 17000 levels. 20 APR Virgin CPR is a strong support for Nifty if that is getting compromised then we can expect Nifty to test the next support of 16800 & 16700 levels before getting a bounce back. In case the virgin CPR gives a good support we can expect a pull back from these...
Bank Nifty Trade Setup for 21 APR 2022 Bank Nifty forming a perfect inside candle trading between the yesterday range. A very narrow CPR for tomorrow and can expect a break out. Flat Opening: In case of flat opening and in the first few minutes if CPR provides support we can expect BN to test R1. If R1 is taken out we can expect T1/T2 targets & higher. Gap up...
Nifty Trade Setup for 21 APR 2022 Nifty closing looks bullish and managed to close above today's and tomorrows CPR. At this point of time the global clues looks bullish to neutral. Flat Opening: CPR should act as a good support & Bullish Reversal should act as a strong support. Any support confirmation around these zone we can possibly go long & expect Bullish...
Bank Nifty Trade Setup for 19 APR 2022 Expected Opening: Bank Nifty likely to open with a small gap up opening around Bearish reversal zone of 36873. The immediate resistance to watch is R1 & PDH. Any resistance to R1/PDH we can expect Bank nifty to be in range and will try to test the CPR for a support. Any support confirmation at CPR is a good opportunity to...
Nifty Trade Setup for 19 APR 2022 Expected Opening: Nifty expected to open with a small gap up opening between R1 resistance and Bearish Reversal zone. In case R1 resistance holds good we can again expect Nifty to test CPR levels. Any support getting confirmed at CPR we will have a good opportunity to take long position with R1 & above targets. In case if CPR...
Bank Nifty Trade Setup for 18 APR 2022 Bank Nifty is bearishly aligned in the post-market alignment with Possible target prediction Bearish Target 1 & Target 2. Bank Nifty is expect to open with a gap down around 37100 to 37000 as of now. 37000 levels is a strong support Bank Nifty with also confluence with Virgin CPR Zone. In case BN finds support around...
Nifty likely to open gap down around 17300 levels. We have good Virgin CPR support around our Bearish Break out Target 1 zone. Hence any support confirmation at 17300 levels we can expect opportunity to go long with SL below T2 and expect first target of 17400 levels and then higher target of PDC & CPR. In case if Bearing Target T2 is compromised on lower side...
Nifty Trade Setup for 13 APR 2022 Nifty likely to open gap up around PDH & R1, In case R1 sustains & support confirmed we can go long with first target of T1 & T2. In case R1 resistance is confirmed we can expect Nifty to Test CPR which should provide good support & we can again expect a pull back.
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...
Nifty Trade Setup for 07 APR 2022 Nifty expected to open gap down around S1 Support. The immediate resistance would be PDL & PDC and break out below Bearish Break out zone 17741 we can expect Possible Target 1 & Target 2. In case if Target 2 is achieved early during the day we can also expect 17600 too. In case if S1 Support sustains on opening then expect the...
Bank Nifty Trade Setup for 06 APR 2022 Global markets shows weakness today. Bank Nifty likely to open around S1 support levels. Previous day low should act as first resistance & if Bearish Break out its Compromised we can expect possible Target 1 & Target 2 and may be Virgin CPR of 04 APR should act as a possible support to bounce back. We can look for fresh...
Nifty Trade Setup for 06 APR 2022 Global markets shows weakness today. Nifty likely to open around S1 support of 17887 levels. In case of Bearish Break out compromised on lower side we can expect T1 & T2 as first targets and extended targets till 04 APR virgin CPR . Fresh longs can be initiated if S1 support sustains and support gets confirmed or CPR taken on...
Bank Nifty is bearishly aligned for the day with a wider CPR and bearish reversal zone inside the CPR. Any resistance from CPR & day low breakout is a good shorting opportunity for today with targetys of S1 & lower. Break out of 36300 we can possibly look for long opportunity with SL below the CPR & R1 & PDH as target on the upside.
Bank Nifty too bounced back from key support of 34800 during the close and managed to close below the next day CPR levels. We have an inside CPR setup in BN where in we can expect some good movements tomorrow. As of now the global parameters are hinting a possible gap up opening in Bank Nifty around R1 resistance. If Previous day high is taken on the upside and...
Nifty found a support at PDL and bounced back during closing and managed to close on a bearish note below the next day CPR. Looking at the global parameters at this point of time, nifty is expected to have a gap up opening around Previous day high. Unless the PDH is sustained and support is confirmed going long is risky. In case Nifty opens above R1 resistance...
Bank Nifty Trade Setup for 15 MAR 2022 BN having a higher value relationship hence the Bearish Reversal zone & R1 is quite strong. Bullish reversal zone is a strong support for tomorrow. In case of a support confirmation at Buillish reversal we can expect BN to take out PDH & higher . Break down of CPR we can expect lower targets.
Nifty Trade Setup for 15 MAR 2022 16800 is the key support to watch out. Break out of PDH & R1 we can expect higher targets as plotted.