Monday 8 February 2016

Bank Nifty corrects from Pyrapoint Resistance,EOD Analysis

 As discussed in last analysis   Bulls needs close above 15250 for next round of move till 15500/15600. Bank Nifty made high of  15367 which is pyrapoint 180 degree resistance as discussed in weekly analysis and reacted sharply from that and closing well below 15250 levels, We need to see price action near 225 Degree line at 14760 levels will it prove support again or will it breakdown this

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