Saturday, December 10

Bank Nifty continue to trade in 18200-18700 range,EOD Analysis

As discussed in Last Analysis  Bank Nifty again bounced from gann angles support zone as we have been discussing from past many sessions even after RBI policy Bank Nifty was unable to close below 18200, still we are in range of 18200-18700 till the range is not broken buy support around 18200 sell resistance  near 18680-18700 as and when it comes. High made today was 18739 and closed at 18695 so still bank nifty is not able to break the range of 18200-18700 , Break of the range will see a move 500 point move either. Gann angle support again gave 500 points move very easily. The little woman who inspired the cable TV Moghul to give away fortune

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