Saturday 30 April 2016
Bank Nifty held on to 200 DMA,EOD Analysis
01:50
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As discussed in last analysis High made today was 17023 bank nifty unable to scale above the supply zone level of 17067 and also the gann resistance line and bears got active below 16800 and saw the decline till 200 DMA, Break of 16700 can again see a quick fall till 16500, Bank Nifty made low of 16527 near our target of 16500 once 16800 was broken,and closed below 16800 but again held
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