Nifty Bank Index

Bank Nifty Trade Plan for 27 JAN 2022

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Bank Nifty Trade Plan for 27 JAN 2022

Bank Nifty likely to open gap down around CPR.

In case BN tests out S1 support or sustains above 37000 on opening then we can expect BN to test 37500 once.

I would prefer to go short only if PDL is compromised today.

Option selling should be preferred today as CPR is also quite wide today and expect a range bound market.

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