Bank Nifty continue to trade between gann arc,EOD Analysis
As discussed in Last Analysis Bullish
above 20350 for a move till 20500/20700/21000 and bearish below 20150
for a move till 20000/19850. As per time analysis expect a trending move
in market in next 2 days. High made today was 20308 so bulls did
not break 20350 but lower end of range was broken as low made was 20116
whipsawing traders who went short. Gann Arc again came to rescue of
bulls, Its been 6 trading days we are stuck in gann arc suggesting
trending move is round the corner, We were expecting the move to come
but market did not oblige, cycles gets delayed by 1-2 days lets see if
the move comes in next 2 days, Bullish above 20350 for move towards
20500/20750/21000. Bearish below 20000 for move towards 19750/19500. 3 Keys to Money Management
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