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RaviChandran_Rajkumar

Bank Nifty Trade Plan for 01 FEB 2022

Nifty Bank Index (NSE:BANKNIFTY)  
RaviChandran_Rajkumar  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators tradershedge BANKNIFTY bankniftytechinical bankniftytrend
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trendanalysis chartpattern indicator tradershedge banknifty bankniftytechinical bankniftytrend
Bank Nifty Trade Plan for 01 FEB 2022

Expect Bank Nifty to have a gap up around R1 resistance.

If R1 & Bullish Break out levels gets sustained on opening we can possible expect 38400 & if that is taken out then Target1 & Target 2.

Any resistance from R1 , then we can anticipate test of 38100 & if that taken out PDC.

In the second half then we can again expect BN to pull back on the upside if CPR sustains.
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