Bank Nifty breaks 19700 and does 19500 same day,EOD Analysis

As discussed in Last analysis Till 19700 is held we can see move towards 20000/20400. Bearish only on close below 197000 for target of 19500/19200. Bank Nifty opened gap down made high of 19725 and bears became active below 19700 and did target of 19500 and close below 19500 suggesting we can move towards 19300/19000.  We have been discussing the effect of 25 Oct Time Analysis, Nifty is down 400 point from the high formed on 25 Oct.    Why Do Traders Lose? Part-I

Continue Reading