Bank Nifty Trade Setup for 13 Sep 2021
Bank Nifty expected to open flat.
Narrow CPR in Bank nifty expecting some volatality. Last 2 trading sessions were very much range bound. The previous session closing is below the current day CPR and hence the current CPR should act as possible resistance.
The first immediate resistance is 36763 and if that is taken out we can expect 36843 to be tested out.
Any compromise of 36603 we can expect BN to test out 36526 & lower target 1 & 2 of 36400 levels.
Narrow CPR in Bank nifty expecting some volatality. Last 2 trading sessions were very much range bound. The previous session closing is below the current day CPR and hence the current CPR should act as possible resistance.
The first immediate resistance is 36763 and if that is taken out we can expect 36843 to be tested out.
Any compromise of 36603 we can expect BN to test out 36526 & lower target 1 & 2 of 36400 levels.