Bank Nifty continue to trade above 19700,EOD Analysis

Monday, October 24 Leave a Comment

 As discussed in Last analysis   Close above 19511 will see next move towards 19700. Traders should watch 19700 very closely for coming week as major trend change will happen above 19700 and we can see move towards 20000/20400 on upside and unable to close above 19700 can see fast fall towards 19000 again. Fridays close was 19710 above 19700 High made today was 19898 and low made was 19750 so Bank nifty continue to trade above 19700 and moved higher. Till 19700 is held we can see move towards 20000/20400. Bearish only on close below 197000 for target of 19500/19200. Tomorrow is important date as per time analysis and impulsive move can be seen in next 3-4 days  Want to be a Good trader Move out of your comfort zone

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