Bank Nifty forms DOJI near gann support,EOD Analysis

Saturday, October 8 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 clsoe below 19340 suggesting bears are losing momentum but still have upper hand till close below 19520. ANy close above 19520 will take ban nifty back to 19750-800 range.  The important things in life

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