Bank Nifty Ready for Big move,EOD Analysis

Bank Nifty made low of 15024 but again managed to close above 15136 just near the gann horizontal gann line, which had been proving resistance in past,closing above the same can see another move towards 15555 . 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.

Posted in: Technical Analysis