Bank Nifty continue to hold demand zone,EOD Analysis

As discussed in Last analysis Bank Nifty made exact low of 19735 near our demand zone of 19738 and bounced back, Now bulls need a close above 19928 to be back in the game for target of 20155, Any close above 20155 will take us towards 20576/20600 levels. Bears below 19700 can push bank nifty towards 19451. Low made today was 19732 again held on to demand zone as we have been discussing but unable to close above 19928. Bulls need a close above 19928 for a move towards 20155/20380. Bears will get active only below 19700 for target of 19451. Avoiding Impulsive Trading

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