Will Bank Nifty close above top of gann arc,EOD Analysis
As discussing in past analysis Bulls
need to close above 17600 for bullish move, bears will become active on
trading below 17350 and see an impulsive downsmove towards
17150/16950. Bank
Nifty made low of 17481 and high of 17626 so trading in the range and
not breaking both 17600 and 17350, Bank Nifty is slowly approaching the
top end of green arc which lead to last big fall so time to be cautious
in next 2 trading session. Break of 17350 on Hourly basis can lead to
swift fall towards 17150/16950 and on upside close above 17722 will lead
to move towards 18050 How to deal with Negative Emotions in Day Trading
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