Bank Nifty does 16350,EOD Analysis
As discussed in last analysis Bank
Nifty is unable to close above the gann green arc and 16800 level, also
unable to close below 16500 suggesting fight is on between bulls and
bears, break of 16500 can see move towards 16350/16188 and break above
16800 can see fast move towards 17000.
Low made today was 16358, and High made was 16720 so unable to close
above 16800 even though we have fast rise in morning trade which was
used to short, now beak of 16350 we can see move towards 16188. Bullish
on close above 16800. How Priming can improve trading performance
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