Tuesday 27 October 2015

Bank Nifty near support zone,EOD Analysis

As discussed in last analysis Support comes @17732 and 17650. Resistance at 17950/18044. Bank Nifty opened gap down at 17738 near support zone and showed the bounce back. Bank nifty again closed above the rising  trendline which shows possiblity to move towards 17950/18044, Any close below the trendline bank nifty can move towards 17652 and 17434 support as shown in below chart. Do you want

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