Monday 22 August 2016

Bank Nifty corrects from 19500, Will 19158 Hold, EOD Analysis

As discussed in Last analysis  Now Bulls again need close above 19158 for move towards 19500 and bear will get active only on close below 18500, in between its just time correction. High made today was 19493 and bank nifty close below 19367. Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market.

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