Thursday 4 February 2016

Bank Nifty again Bounce from demand zone, EOD Analysis

 As discussed in last analysis   Bank Nifty made low of 14777 near the last swing low of 14754 as we have been expecting after it broke the gann arc, Now if we hold 14750 we can see bounceback till 15000/15237, Bank Nifty opened with a gap up made high of 14978 corrected till 14761 near the supply zone as shown below and bounced again. Continue Reading

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