Nifty heading towards gann trendline,EOD Analysis

As discussed in Yesterday Analysis   Closing above 8210 is a very bullish sign and holding the same we can move towards 8300/8336/8410 in next few days.Bearish only on close below 8070.  High made today was 8285 and low made was 8188,so 8210 showed effect. We did close at 8204 yesterday this is market way of confusing traders but gann trendline helped us not doing any shorting and today

Posted in: Technical Analysis