Tuesday, 21 June 2016

Bank Nifty close at gann trendline,EOD Analysis

As discussing in past analysis  Till we close above 17666 bulls are in control, So finally Bulls were able to close bank nifty below 17666 and just at the border of gann trendline. If we break 17500 tommrow we can see downmove till 17350/17055 else again we will trade in range of 17500-18000.  Bulls needs a close above 18051 for next move 18650-18750, Bears below 17500 for move towards 17350.

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