Bank Nifty trade setup for 25 APR 2022
Bank Nifty trade setup for 25 APR 2022
Bank Nifty is likely to open around 35600/35500 levels.
The immediate support for this is 29 MAR Virgin CPR zones, the low of that is 35400. Hence we can expect some support around these levels and can expect a reversal.
In case if this this getting compromised we can expect Bank Nifty to test out 35000 where the next support is found.
We will initiate the trades based on the confirmation of support & resistance around these levels based on the indicator triggers.
Bank Nifty is likely to open around 35600/35500 levels.
The immediate support for this is 29 MAR Virgin CPR zones, the low of that is 35400. Hence we can expect some support around these levels and can expect a reversal.
In case if this this getting compromised we can expect Bank Nifty to test out 35000 where the next support is found.
We will initiate the trades based on the confirmation of support & resistance around these levels based on the indicator triggers.