Friday 22 January 2016

Bank Nifty rises holding gann arc,EOD Analysis

As discussed in last analysis  Bank Nifty price action suggest a change in trend as we saw buying near the demand zone. Break of 15380 can see move towards 15713/15872. Bank Nifty broke above 15380 holding gann arc as shown below now this range of 15320-80 should act as support till expiry. Resistance at 15713/15872 Bearish only on break of 15000. The story of a Woodcutter Continue

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