Bank Nifty does 18000 breaking 18250,EOD Analysis

Tuesday, December 20 Leave a Comment

As discussed in Last Analysis  Bank Nifty is forming small range of 18250-18500 so break of any 2 levels will see move of 250 points. Below 18200 move towards 18050/17910. Low made today was 18009 so we got the expected 250 points move below 18250. Unable to cross 18250 Bank nifty can further see a fall below 17910/17800. The range is broken after 21 trading sessions and also closed below the gann angles support zone, Next 2 days are very crucial as bulls can attempt another close above 18250 and moving higher towards 18500/18750. Till below 18250 bears are in control and can push index towards 17910. How Your Brain Stops You From Being A Trader

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