Bank Nifty Trade setup for 16 May 2022
Bank Nifty likely to have a gap up opening around Bearish Reversal Zone.
Structurally Bank Nifty is bearishly aligned for the day and at key support levels.
The immediate resistance for Bank nifty will be 33400 levels to again show good trend reversal.
In case of gap up opening and sustains above Bearish Reversal zone and we get buy triggers on indicators around these levels we can possibly go long for quick scalp to R1 & PDH.
Any confirmed sell trigger around R1 we can anticipate market to be in range and might again test out CPR range.
In case if T1 is taken out on upside we can expect higher markets targets.
Bank Nifty likely to have a gap up opening around Bearish Reversal Zone.
Structurally Bank Nifty is bearishly aligned for the day and at key support levels.
The immediate resistance for Bank nifty will be 33400 levels to again show good trend reversal.
In case of gap up opening and sustains above Bearish Reversal zone and we get buy triggers on indicators around these levels we can possibly go long for quick scalp to R1 & PDH.
Any confirmed sell trigger around R1 we can anticipate market to be in range and might again test out CPR range.
In case if T1 is taken out on upside we can expect higher markets targets.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
Subscribe the indicator at igcyh.courses.store/
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.