Bank Nifty Trade Setup for 24 JUNE 2022
Bank Nifty Trade Setup for 24 JUNE 2022
Bank Nifty is expected to open around Bearish Reversal Zone with Bullish alignment.
Long Opportunity :
In case if it sustains above Bearish Reversal zone & provides opportunity to enter long we can expect R1 & Bullish Break out as the first target.
In case Bullish Break out sustains we can expect Target 1 / Target 2 on upside today.
Short Opportunity :
In case Bullish BO provides resistance and R1 is compromised or R1 provides a resistance trigger we can expect Bank Nifty to again test Bullish Reversal Zone & then lower levels can be tested.
Bank Nifty is expected to open around Bearish Reversal Zone with Bullish alignment.
Long Opportunity :
In case if it sustains above Bearish Reversal zone & provides opportunity to enter long we can expect R1 & Bullish Break out as the first target.
In case Bullish Break out sustains we can expect Target 1 / Target 2 on upside today.
Short Opportunity :
In case Bullish BO provides resistance and R1 is compromised or R1 provides a resistance trigger we can expect Bank Nifty to again test Bullish Reversal Zone & then lower levels can be tested.