Bank Nifty forms INSIDE Day,EOD Analysis

• Bank Nifty formed an INSIDE DAY pattern unable to break previous day high and low, and unable to close above 17466 where demand zone lies. RBI policy turned out to be non event and lowest range we have seen in bank nifty in past ,Bank Nifty if it starts trading above 17466 the next crucial zone of resistance lies in range of 17620-17670 where we have a supply zone, 2 Harmonic pattern targets as discussed yesterday, so be extra cautious in the range of 17640-17670. Support at 17262/17170 range.  GST impact on Indian Economy

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