Bank Nifty 1000 points from Gann Resistance of 19811,EOD Analysis

Thursday, October 13 Leave a Comment

 As discussed in Last analysis  Bear will get upperhand on close below 19451 for target of 19340/19020 and bulls above 19732.  Bank Nifty bears finally broke 19451 and did the target of 19340, now trading below 19340 can see fast move towards 19185/19020. Bank Nifty bears were unable to close below 19340 suggesting bears are losing momentum but still have upper hand till close below 19520. Bears break below 19340 can see fast move towards 19150/19020. Bank Nifty opened below 19340 signalling bears are on prowl and quickly did the target of 19020 and made low of 18824. Any close below 18750 can see fast move towards 18440-18314 as seen in below gann angle chart. As we

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