Wednesday 16 December 2015

Bank Nifty Reacts from Demand Zone,EOD Analysis

As discussed in last analysis Bank Nifty again went near the new demand zone quickly recovered all the looses, closed well above the new demand zone of 16286. Bulls can push prices towards 16573/16758, strong support exits near the gann green arc as shown in second chart, closing above the gann line @16580 can push prices all the way towards 17000 in coming sessions. Bank Nifty bounced ..

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