Thursday, October 6

Bank Nifty reacts from zone of resistance,EOD Analysis

 As discussed in Last analysis  Range of 19650-19732 is very crucial range unable to cross them we can see another downmove towards 19451 and 19300, Close above 19732 can see fast move till 19811 and above that 20000. Bank Nifty opened with gap up High made today was 19816 ner the gann line of resistance near zone of resistance bulls failed to close above 19732, Low made today was 19492 and  Bears were unable to break 19451.  Bear will get upperhand on close below 19451 for target of 19340/19020 and bulls above 19732.   The difference between winning and losing in trading

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