Monday, 21 August 2017

Bank Nifty continue to trade below 24100,EOD Analysis

As discussed in Last Analysis   Bearish below 24100 for a move towards 23963/23755. Low made today was 23925 so bear did the first target of 23963 and also closed below 24100 so opening gates for 23755. Bullish above 24200 for a move towards 24450-25500. Bank Nifty move above 24200 was mostly like an Emotional Spike but failed to do the target of 24450 and triggering the Stoploss. Bears

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