Bank Nifty continue to trade above 19700,EOD Analysis

Tuesday, October 25 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. Low made was 19711 so Gann Level of 19711 came for the Bulls rescue and Bank nifty continue to trade above 19700 . Till 19700 is held we can see move towards 20000/20400. Bearish only on close below 197000 for target of 19500/19200.  Why Do Traders Lose? Part-I

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