Monday 23 January 2017

Bank Nifty does 18740 and bounces 150 points,EOD Analysis

As discussed in Last Analysis  Bulls are protecting 18967 and also for 2 day closing above 19100 suggesting they are having upper hand but need to move fast from this zone  towards 19400/19600 else as soon as prices starts trading below 18967 bears will show an impulsive decline towards 18740/18500. High made today was 19072 so bank nifty traded below 19100 and as soon as 18967 bank nifty

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