Bank Nifty Trade Setup for 06 APR 2022
Bank Nifty Trade Setup for 06 APR 2022
Global markets shows weakness today. Bank Nifty likely to open around S1 support levels.
Previous day low should act as first resistance & if Bearish Break out its Compromised we can expect possible Target 1 & Target 2 and may be Virgin CPR of 04 APR should act as a possible support to bounce back.
We can look for fresh buying opportunity at earlier Virgin CPR rejection or above CPR.
Global markets shows weakness today. Bank Nifty likely to open around S1 support levels.
Previous day low should act as first resistance & if Bearish Break out its Compromised we can expect possible Target 1 & Target 2 and may be Virgin CPR of 04 APR should act as a possible support to bounce back.
We can look for fresh buying opportunity at earlier Virgin CPR rejection or above CPR.