Thursday, June 23

Will Bank Nifty Break Gann arc after holding gann trendline ,EOD Analysis

As discussing in past analysis If we break 17500 tomorrow we can see down move till 17350/17055 else again we will trade in range of 17500-18000. Doji near gann trendline did the trick as Bank nifty rallied High made was made was 17907 near gann arc, close above gann arc can see bulls getting momentum on upside.Bulls needs a close above 18051 for next move 18650-18750, Bears below 17500 for move towards 17350/17055. In between bank nifty will keep trading in range of 17500-18000 and do time correction. UK Brexit explained: What you need to know
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