Nifty Bank Index

Bank Nifty Trade Plan for 31 JAN 2022

Bank Nifty Trade Plan for 31 JAN 2022

Expect Bank Nifty to open flat to small gap up inside the CPR.

Will wait for support confirmation at CPR to initiate any long opportunity for possible target of R1 & T1.

Any resistance around R1 , can expect BN to be in range and might test CPR & Previous day close.

Any breakdown below PDC we can expect lower targets as plotted.

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