Bank Nifty bears unable to capitalize on fall below 19158,EOD Analysis
As discussed in Last analysis Bulls
need close above 19367 for target of 19650/19766, Bears below 19000
for target of 18800/18500. Till 19158 is not broken its buy on dips
market. Low made was 19097 , High near 19248, Bank Nifty bears
unable to break 19158 on closing basis and Bulls were unable to close
above 19367 suggesting fight is on in between both of them, Sustaining
above today's high of 19250 bank nifty can make other move towards 19367
and close above it momentum will again come in bulls favor. Bulls need
a close above 19367 and bears below 19158. How to create new habits?
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