Thursday, November 5

Bank Nifty near crucial gann support,EOD Analysis

  • As discussed in last analysis  Gann Time Analysis suggests we can see big move tomorrow. Gunner still suggests bears are in control till we do not close above the gann trendline. If not bank nifty will move towards 17000 odd levels.Bank Nifty obliged by giving big move and also did the gunner target on downside as shown in below chart. 16886/16772/16652 are 3 levels traders needs to see on downside below today low for possible relief rally, towards 17200/17368. We have discussed various scenarios which we can see after Bihar Election results are declared Bihar Election Result impact on Stock Market
Daily Gunner

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