RaviChandran_Rajkumar

Bank Nifty Trade Setup for 07 APR 2022

NSE:BANKNIFTY   Nifty Bank Index
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 virgin CPR zone.

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