Saturday, October 15

Bank Nifty does a weekly close above 19000,EOD Analysis

 As discussed in Last analysis  Any close below 18750 can see fast move towards 18440-18314 as seen in below gann angle chart. As we have weekly closing tomorrow Bulls will try hard to close above 19000 and bears below 18750. Bulls were finally able to close above 19000 and also protected 18750 in the process as price was unable to break yesterday low, BUlls can see upmove till 19318 holding low of Thursday. Momentum will come on close above 19318 for move till 19501/19732.

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