Thursday 17 November 2016

Bank Nifty forms DOJI near gann support zone,EOD Analysis

As discussed in last analysis Closing below 19000 which is gann angle support as shown in below chart bank nifty can move towards 18800/18612. Bullish only on close above 19300. Bank Nifty High today was 19328 but unable to sustain above 19300 and saw big fall and did the target of 19000 below 19180 and in the process held on to gann angles. Holding the low of 19000 and close above 19140

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