Bank Nifty Trade Setup for 08 JUNE 2022
Bank Nifty Trade Setup for 08 JUNE 2022
Bank Nifty too have a very narrow CPR & hence good volatile movement can be expected today, hence trade safe.
Expect Bank Nifty to open gap up around R1 & if R1 & Bull BO is taken out we can expect it to test out Target 2.
In case of Resistance from R1/PDH, we can expect Bank Nifty to test again Bull Reversal / PDL.
A break down of PDL we can expect lower targets of T2 & lower.
Bank Nifty too have a very narrow CPR & hence good volatile movement can be expected today, hence trade safe.
Expect Bank Nifty to open gap up around R1 & if R1 & Bull BO is taken out we can expect it to test out Target 2.
In case of Resistance from R1/PDH, we can expect Bank Nifty to test again Bull Reversal / PDL.
A break down of PDL we can expect lower targets of T2 & lower.