Thursday, 4 August 2016

Bank Nifty forms Bullish Cypher pattern,EOD Analysis

As discussed in Last analysis Bank Nifty is bullish above 18750 for another move towards 18915/19000. Bulls need a close above 19158 for target till 19500,Bears below 18550.Bank Nifty still trading near horizontal line suggesting impulsive move on cards. Further bearishness can be seen below 18550 for move till 18280/18070.  Bank Nifty made low of  18444 unable to close below 18550

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