Bank Nifty forms Inside Day pattern,EOD Analysis

As discussed in Last Analysis  Bank Nifty has been closing above 15136 from past 6 days, 7 is a gann number so expect trending move in next 2 trading days. Support has increased in range of 14900-15000. Resistance in range of 15400-15440. Bank Nifty made High of 15386  and low of 15268, so again close above 15136 but unable to cross resistance zone of 15440 and formed an INSIDE DAY Candel.

Posted in: Technical Analysis