Bank Nifty Trade setup for 12 JAN 2022

Bank Nifty Trade setup for 12 JAN 2022

Global markets looks bullish and Bank Nifty expected to gap up around 38620 levels.

38600 zone is a strong resistance, if it sustains and manages to find support above 38630 the we can expect a possible up move to next targets with SL below R1.

In case of resistance confirmed around R1 we can expect BN to again test PDC & CPR.
BANKNIFTYbankniftyanalysisbankniftypredictionbankniftytradesetupbankniftytradingbankniftytrendChart PatternsTechnical IndicatorstradershedgeTrend Analysis

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