Thursday, September 29

Bank Nifty Technical Analysis after India's Surgical Strike

 As discussed in Last analysis   Bulls need a close above 19732 for a move till 19904 and 20000.Bears will be active below 19451 for a move towards 19300/19100. Bank Nifty opened at 19763 made high of 19793 but got quickly sold off in first 15 mins of trading and as soon as 19451 which got broken at 12:30 within 5 mins bank nifty did 19300 and 19100 by 2:25 PM today, Trading is all about preparation and execution of the plan. As seen in below charts, break of 19096 can see fast fall towards 18846 and 18500 in short term. Bullish only on close above 19450 only.  Congratulations to our Rock Solid Army for the SurgicalStrike   Forecasting and Trading

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