Tuesday, 28 June 2016

Will Bank Nifty close above top of gann arc,EOD Analysis

As discussing in past analysis Bulls need to close above 17600 for bullish move, bears will become active on trading below 17350 and see an impulsive downsmove  towards 17150/16950. Bank Nifty made low of 17481 and high of 17626 so trading in the range and not breaking both 17600 and 17350, Bank Nifty is slowly approaching the top end of green arc which lead to last big fall so time to be

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