Bank Nifty close shy of 17950,EOD Analysis
- As discussed in last analysis Bank
Nifty took support @ the rising trendline as shown in below chart and
closed above the demand area 17652. Friday we can see a
breakout/breakdown move so trade cautiously. Above 17850 Bank nifty can move towards 17950/ 18050/18144 and below 17650 back to 17434/17368
. Bank Nifty open with gap made low of 17852 rallied till 17980 and
closed at 17934. As Bank nifty is closing above gann line of resistance
so it heading to gann swing point at 18044 and above that 18144, Support
at 17850 below that can move to 17652. How to develop yourself as Profitable trader
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