Bank Nifty reaction after Rajya Sabha passes historic GST Constitution Bill
As discussed in Last analysis
Further bearishness can be seen below 18550 for move till 18280/18070.
For next 2 days close above 18814 can see fast move till 19000. Bullish
above 19158 for move till 19374/19509. Bank Nifty made low of
18542 unable to close below 18550 suggesting market taking breather
before the GST Bill drama is out. Now Finally GST has been passed, so as
a trader you should not get overexcited and blindly trade. Plan Your
Trade and Trade your plan should be golden mantra of trader. Bank Nifty
is bullish above 18750 for another move towards 18915/19000. Bulls need
a close above 19158 for target till 19500,Bears below 18550.Bank Nifty
still trading near horizontal line suggesting impulsive move on cards. GST Impact on stocks
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