Saturday 5 August 2017

Bank Nifty bounces from Gann Support Level,EOD Analysis

As discussed in Last Analysis   Now fresh shorts should be taken below 24600 for a move till 24450/24300. Long can be taken above 24651 for a move till 24840/25000. Low made today was 24592 so bears were unable to sustain below 24600 and bulls as soon as 24651 was broken did the first target of 24840 and closed at cycle low of 24828, above 24828 we should see a fast rise till 25000 as time

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