Bank Nifty rallies 600 points above 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.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. Low made was 19306 , High near 19546, Bank Nifty bulls broken 19367 sustained above it and saw a big impulsive move. Now bulls should sustain above 19367 for move towards 19650-19700. Close above 19700 on Weekly basis can see bank nifty moving towards all time high.  Bank Nifty moved on similar line and achived the final target of the breakout range of 600 points as shown below. Now Bulls need to hold 19700 on Weekly basis for a move towards 20500/21000. Bears will get active below 19508 only Not able to pull the trigger in Trading

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