Wednesday, 30 March 2016

Bank Nifty breaks gann arc in style,EOD Analysis

 As discussed in last analysis   The range is important as its falling in gann 1 arc and near gann trendline as shown in below chart, so break of 15500 or 15800 will give another 250-300 point move.Nifty made low of 15762 and opened above the gann arc, and once 15800 was broken gave the 300 point move we were looking for. Never follow new, follow levels with proper risk management market

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