Tuesday 9 August 2016

Bank Nifty close above 18915, EOD Analysis

As discussed in Last analysis  Now for Bulls we need a close above 19158 for a move towards 19500,bear will get active on close below 18915 for a target of 18500. Bulls again fail to close above 19158 and bears failed to close below 18915 suggesting RBI was a non event. Bulls need a close above 19028 for a move till 19158/19230 and bears below 18915 for a move till 18736/18663/18590.   Why

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