Bank Nifty Trade Setup for 18 APR 2022

Bank Nifty Trade Setup for 18 APR 2022

Bank Nifty is bearishly aligned in the post-market alignment with Possible target prediction Bearish Target 1 & Target 2.

Bank Nifty is expect to open with a gap down around 37100 to 37000 as of now.

37000 levels is a strong support Bank Nifty with also confluence with Virgin CPR Zone.

In case BN finds support around these we can go a quick long scalp with a target of S1 / Bearish Reversal Zone of 37303 support. In case if S1 support sustains on upside we can expect PDC as next upper target .

In case if Bearish Break out Target Zone is compromised and any resistance confirmed we can expect lower targets.
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