Nifty does breakout heading towards 8600,EOD Analysis

Tuesday, January 24 Leave a Comment

  • As discussed in last analysis   Nifty did low of 8327 doing the target of cypher pattern  and bounced back and closed above breakdown level of 8370 but failed to closed above 8410 and also 8432 suggesting bulls are still under pressure, Fresh shorts below 8328 only,for a move till 8290/8250. Bullish only above 8432. Bulls are back with a bang with a close above 8432/8460 both and now holding 8432 heading towards 8555/8600. Bearish only on close below 8328 Bank Nifty bounces 300 points from gann support,EOD Analysis

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