Bank Nifty looks to be bearishly aligned for the day & can expect some good volatility today.
Bank Nifty is expected to open within yesterday range and will be looking for any sell opportunity if any triggers gets confirmed at the CPR or Bearish Reversal.
In case if Bullish Reversal or S1 support holds good with any buy triggers getting confirmed we can possibly go long and expected Bank Nifty to again be in a range and can test upper targets as marked.
In case of S1/ Bearish break out we can expect lower Buy zones to be tested out.
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