Bank Nifty held on to gann angle,EOD Analysis

Tuesday, November 22 Leave a Comment

  • As discussed in last analysis  Now range of 18300-18250 is important as its gann number and also gann angle so holding this we can see relief rally till 18625/18800. Bearish below 18250 for a move towards 18000/17800 . Low made today was 18322 near the gann angle and high made was 18650 which was near our 1 target as shown in below chart and we saw pause in the ongoing correction. Now Bulls need a close above 18721 for a move towards 19000/19300. Bears will get active only on close below 18250 for a move towards 18000/17800.

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