Bank Nifty unable to close above gann signal line,EOD Analysis

• As discussed in Last analysis Bulls needs to close nifty above 17293 which is signal line, else the rally will get sold into once again.  Bank Nifty opened with gap up at signal line and unable to sustain above signal line and also gann trendline and fall down towards 17000 before showing recovery. Bank Nifty needs to close above the signal line for a move towards 17466 else heading back towards 16862/16600 levels. Job description of a Trader

Continue Reading