Friday 18 March 2016

Bank Nifty Breaks gann trendline,EOD Analysis

 As discussed in last analysis Bank Nifty opened above the gann resistance line but was unable to sustain above it, but closed above the gann arc as shown below suggesting bulls are still in control. Bank Nifty made low near the gann support of 15452 and bounced back sharply above 15555, the way bank nifty was facing difficulty near 15555-15580 was due to gann resistance line, Holding the

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