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RaviChandran_Rajkumar

Bank Nifty Trade Plan for 13 JAN 2022

Nifty Bank Index (NSE:BANKNIFTY)  
RaviChandran_Rajkumar  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators tradershedge baniknifty bankniftyprediction BANKNIFTY bankniftytrend bankniftytradesetup bankniftyanalysis
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trendanalysis chartpattern indicator tradershedge baniknifty bankniftyprediction banknifty bankniftytrend bankniftytradesetup bankniftyanalysis
Bank Nifty Trade Plan for 13 JAN 2022

Bank Nifty bullish streak is still on, expect a gap up opening around 38900-39000 levels.

After a gap up opening, need to wait for the price action in first 15 min before initiating any trade. Unless it sustains above 39k no long opportunity.

39000/39100 are key resistances to watch out , any resistance around those we can possibly short and can expect 38850/38800.

A very narrow CPR in Bank Nifty today.
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