Monday, 30 May 2016

Bank Nifty reacts from Supply zone,EOD Analysis

As discussed in last analysis  Next move will only happen on close above 17700 for move towards 18000. Bearish on close below 17000. Range of 17500-17650 is important supply zone. High made today was 17666 at gann arc ,corrected all the way till 17484. Bulls need a close above 17670 for next mvoe till 18000 and bears will get active only on close below 17077.  When Trading, You Are Your

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