Bank Nifty Continue to Rally,EOD Analysis

Saturday, January 28 Leave a Comment

  • As discussed in Last Analysis  Bank Nifty closed above 19067 suggesting bulls are in control and opened above 19100 suggesting bulls are gaining momentum and fired all guns doing target of 19500. Now bulls need close above 19700 for a move towards 20400. Bearish only on close below 19100. As i always say Gann Analysis keeps you ahead of curve and if coupled with time analysis it becomes a lethal combo. Bank Nifty continued its rally and closed above 19700, Holding 19700 bank nifty can bounce till 20000/20400. Bearish only on closed below 19360 for a move till 19140/18920. King Raghu's story


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