Bank Nifty saw impulsive down move below 18915,EOD Analysis

As discussed in Last analysis  Bulls need a close above 19028 for a move till 19158/19230 and bears below 18915 for a move till 18736/18663/18590.  Low made today was 18611 so we almost did the target of 18590, as soon as price went below 18915 bears had upperhand. As seen in below chart we are again near a trend change as prices are near horizontal line, suggesting if 18443-18500 is held we can again see a move till 18900-19000 range.  Why You Can't Cut Losses

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