Bank Nifty Likely to open flat to small gap up.
Global markets having slight selling pressures.
Narrow CPR in BN, and closed below yesterday CPR.
In case CPR acts as a support we can expect BN to test its first resistance of 36738 and if that is taken out we can sit for T1 & T2.
In case CPR is compromised on lower side and 36550 is taken out on lower side , we can expect lower T1 & T2& Ex T to be tested.
Global markets having slight selling pressures.
Narrow CPR in BN, and closed below yesterday CPR.
In case CPR acts as a support we can expect BN to test its first resistance of 36738 and if that is taken out we can sit for T1 & T2.
In case CPR is compromised on lower side and 36550 is taken out on lower side , we can expect lower T1 & T2& Ex T to be tested.