Tuesday, November 29

Bank Nifty ready for trending move, EOD Analysis

As discussed in last analysis  Bank Nifty again took support at the gann angles as shown in below chart, Gann angles has provided support 3 times in past few days, Bulls should push the prices above 18400 for a move towards 18669/18800 else the support will be broken . High made today was 18427 so bulls unable to hold above 18400 and bears unable to break 18200. Price has been near gann angles from past few days sugesting trending move is round the corner, Bulls will get active above 18400 for target of 18700/19000 and bears below 18200 for a move towards 18000/17910.  Why Traders are unable to Follow Your Trading Plan

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