Tuesday, 14 June 2016

Bank Nifty holds on to 17666,EOD Analysis

As discussed in last analysis  Now next bullish move on close above 18030 for target of 18500/18758. Bearish only on close below 17500. High made today was 17720 and low made was 17575 near the gann horizontal line, break of 17500 we can see quick down move towards 17350 towards the gann red trend line. Bank Nifty closed just a tad above 17666 suggesting we can move till 18000 if we hold on

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