Bank nifty fire above 19158,EOD Analysis

As discussed in Last analysis  Now Bulls again need close above 19158 for move towards 19500 and bear will get active only on close below 18500, in between its just time correction. Bank Nifty closed above 19000 for second day in a row but failed close 19150 high made was 19138, It has been 25 days bank nifty is trading in range of 600 points  18450-19150 , suggesting break and close above 19150 or 18450 can see fast move of 600 points, Bank nifty finally broke the 600 point range as shown in the 3 chart and target is mentioned, Bulls now need a close above 19367, Also Butterfly pattern suggests target of 19600 and on Gann arc Bank Nifty closed above the red double arc suggesting close above 19367 we can see fast move towards 19600/19700. Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500.   Do You Trade Market or Your Emotions?

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