Bank Nifty breaks gann arc,EOD Analysis
As discussed in last analysis As
we have RBI policy tomorrow, as Bank Nifty is stuck between the gann
arc and gann vertical line suggesting squeeze has happened and now ready
for a big move, Breakdown below 15237 and Breakout above 15570 for a
300 point move either side which should come in next 2 days.Bank
Nifty was unable to break 15570 but broke 15237 on downside gave 200
points move on downside as we have been expecting. Bank Nifty broke gann
arc in the process which increase possibility of bank nifty heading
towards 14754. Bulls needs to close above 15237 else we will break the
low of 14754. How to Manage Trading Stress
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