Bank Nifty took support near gann trendline ,EOD Analysis

•  As discussed in last analysis   Supply zone is range of 16229-16250 and Demand zone is back to 15700-15750, High Made was 16278 and bank nifty is stuck between gann line doing consolidation  as shown in below chart. Bank Nifty should breakout above 16300 and breakdown below 16000 after RBI policy on Tuesday, We will get 2 trending move one around 12 and other after 2:30 PM, so trade cautiously.  Are you Victim of "Over Trading"

Continue Reading