Wednesday 10 February 2016

Will Bank Nifty bounce from 14338 zone, EOD Analysis

 As discussed in last analysis  More a support is tested more is probability of breaking the low, so if 14760 is broken we can see a fast move towards 14500/14338. Bullish on 15000. Bank Nifty broke 14760 made low of 14490 as we have been expecting the support around 14500, If Bank nifty continue to trade below 14500 we can head towards 14338 which is PRZ of ABCD pattern and Weekly supply

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