Bank Nifty Trade setup for 15 JUL 2022
Bank Nifty Trade setup for 15 JUL 2022
Bank Nifty expected to open flat to small gap down.
Immediate resistance for Bank Nifty is the CPR, in case any support at CPR we can possibly expect Bank Nifty to test out R1.
There is a quite a resistance for Bank Nifty around R1 & Bullish Break out Zones, any rejection triggers from these zones is a selling opportunity for the lower targets as marked on the charts.
In case of S1 getting compromised today we can see more selling pressure and the previous gap will be filled out or else it would be trading in yesterday's price range.
Bank Nifty expected to open flat to small gap down.
Immediate resistance for Bank Nifty is the CPR, in case any support at CPR we can possibly expect Bank Nifty to test out R1.
There is a quite a resistance for Bank Nifty around R1 & Bullish Break out Zones, any rejection triggers from these zones is a selling opportunity for the lower targets as marked on the charts.
In case of S1 getting compromised today we can see more selling pressure and the previous gap will be filled out or else it would be trading in yesterday's price range.
