Bank Nifty close above 17670,EOD Analysis
- As discussed in last analysis
Next move will only happen on close above 17700 for move towards 18000.
Bearish on close below 17000. Range of 17500-17650 is important supply
zone. High
made today was 17762 at gann arc ,closed abve 17670. As Bulls closed
above 17670 and gann arc suggesting we can see next move till 18000 and
bears will get active only on close below 17500. So Bulls have upper
hand now before the RBI Policy, so closing above 17670 we are heading
towards 18000. What goes around comes around
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