Bank Nifty Trade setup for 16 JUNE 2022
Expecting a gap up opening in Bank nifty around R1 resistance zones.
In case if it sustains above R1 then we can expect a possible up move towards PDL / Target 1 / Target 2.
Any breakdown of R1 we can possible expect to test CPR & PDC / PDL.
Expecting to be in a range bound today if R1 is compromised early.
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