Wednesday, 15 June 2016

Bank Nifty does 17900 closing above 17666,EOD Analysis

As discussed in last analysis  Bank Nifty closed just a tad above 17666 suggesting we can move till 18000 if we hold on to it on closing basis. Bank Nifty High made today was 17943 so we did almost 18000 as we closed yesterday above 17666. Sticking to system always help. Bulls needs to close above 18051 for next move towards 18600-18700. Unable to close above 18000 we can see another down

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