Wednesday, 28 October 2015

Bank Nifty October Expiry Analysis

As discussed in last analysis  Any close below the trendline bank nifty can move towards 17652 and 17434 support as shown in below chart. Nifty opened with gap down breaking the trendline and demand zone and continue falling through out the session and closed tad above 17368 new demand zone, if tommow bank nifty unable to sustain above 17368 we can see downmove till 17208/17103 and on upside

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