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RaviChandran_Rajkumar

Bank Nifty Trade Plan for 31 JAN 2022

Nifty Bank Index (NSE:BANKNIFTY)  
RaviChandran_Rajkumar  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators tradershedge BANKNIFTY bankniftytrend bankniftytechnicals bankniftytradesetup bankniftytrading bankniftytrendanalysis
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trendanalysis chartpattern indicator tradershedge banknifty bankniftytrend bankniftytechnicals bankniftytradesetup bankniftytrading bankniftytrendanalysis
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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