Wednesday, May 11

Bank Nifty unable to break 16500,EOD Analysis

  • As discussed in last analysis   Now Bulls need a close above 16792 for next move till 17000/17100. Bears will be active only below 16500 for move towards 16188.  High made today was 16861 but closed below 16792, one we have a close above 16792 we can see next move towards 17067. Bearish only below 16500, Low made today was 16518 so we are in range bound scenario. The Importance Of Trading Plan WHICH emotion is overpowering you the Most, To Understand the same I have put a Poll on Twitter (https://twitter.com/brahmesh), Please participate
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