Bank Nifty forms Doji near gann support zone,EOD Analysis

Saturday, December 24 Leave a Comment

As discussed in Last Analysis  Now as we are near support zone again, Holding 17860 Bank Nifty can bounce back towards 18070/18250. Below 17800 move towards 17640/17440.  Low made was 17819 and closed above 17860 suggesting we can see bounce towards 18070/18250. Fresh shorts should be taken below 17800 only for a move towards 17640/17440. As seen in below chart Unable to close above 18250 we can see fall towards 16980/16500.   Don’t Hope,… Decide!
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