Nifty & Bank Nifty Trade Setup for 15 JULY 2022

Both Nifty & Bank Nifty is bearishly aligned for the day.

Expecting a flat to small gap down opening in case of both the indices .

CPR should act as a strong resistance for today.

Any resistance from CPR / R1 can expect a selling opportunity today for the targets lower as marked on the charts.

In case S1 getting compromised we can expect some trending moves on the lower side or else expect to trade in yesterday range .