Bank Nifty holds on to 19100,EOD Analysis

Thursday, January 19 Leave a Comment

As discussed in Last Analysis   Bank Nifty finally closed above 19100 suggesting bulls are in control and we can see move till 19420/19600. Bearish only on close below 18967. Low made today was 19046 so bulls are protecting 18967 and also for 2 day closing above 19100 suggesting they are having upper hand but need to move fast from this zone  towards 19400/19600 else as soon as prices starts trading below 18967 bears will show an impulsive decline towards 18740/18500.  How to Become a Successful Trader in Stock Market
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