Bank Nifty hit life highs holding 20000,EOD Analysis

As discussed in Last Analysis   Its been 9 trading days we are stuck in gann arc, Plan remains the same long above 20350 for a move till 20500/20750. Bearish below 20000 for a move till 19794/19500.  Bank Nifty opened gap up  and hit the life time high but as it opened open 20500 so  trades who were waiting for break of 20350 missed the gap up but as did not break 20000 so most of readers

Posted in: Technical Analysis