Bank Nifty Trade Setup for 24 JUNE 2022
Bank Nifty is expected to open around Bearish Reversal Zone with Bullish alignment.
Long Opportunity :
In case if it sustains above Bearish Reversal zone & provides opportunity to enter long we can expect R1 & Bullish Break out as the first target.
In case Bullish Break out sustains we can expect Target 1 / Target 2 on upside today.
Short Opportunity :
In case Bullish BO provides resistance and R1 is compromised or R1 provides a resistance trigger we can expect Bank Nifty to again test Bullish Reversal Zone & then lower levels can be tested.
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