Nifty and Bank Nifty analysis for tomorrow(04/02/2022)

 Nifty Chart

Nifty levels for tomorrow:

• If Nifty opens tomorrow small gap-down or flat and breaks 17400 level then our first target will be 17250 and the second target will be 17100 to the downside.
• If Nifty opens a small gap-up or flat and breaks 17600 level with 15 min strong candle then our first target will be 17780 and the second target will be 17880 to the upside.

Trading setup for tomorrow 

• Don't trade at the beginning of the market, let it make price action or wait for 5,15 min candle.
• Avoid large gap-ups and gap-downs.
• All the levels in the chart will act as resistance and support, hope you understand.
• If the market opens flat or small gap-up then our first target will be 17780 and the second will be 17880.
• Trade with strict SL.

Disclaimer:-  All the information on this website is for educational purposes only, please do your own analysis before taking any trade. If you wish to trade in any of these, consult a certified investment advisor first. We will not be responsible for any profit or loss caused by you.

BANK NIFTY

Bank Nifty levels for tomorrow:

• If the Bank Nifty opens flat or small gap-down and breaks 38800 level with 15 min strong candle then our first target will be 38400 and the second target will be 38200 to the downside.
• If the Bank Nifty opens flat or small gap-up and breaks today's high which is 39434 then our first target will be 39700 and the second target will be 40000 to the upside.
• Trade with strict SL.

Trading setup for tomorrow 

• Don't trade at the beginning of the market, let it make price action or wait for 5,15 min candle.
• Avoid large gap-ups and gap-downs.
• All the levels in the chart will act as resistance and support, hope you understand.
• If the market opens flat or small gap up and breaks 39400 level with 15 min strong candle then our first target will be 39700 and the second target will be 40000.
• Trade with strict SL.

Disclaimer:-  All the information on this website is for educational purposes only, please do your own analysis before taking any trade. If you wish to trade in any of these, consult a certified investment advisor first. We will not be responsible for any profit or loss caused by you.