Bank Nifty form inside day pattern,EOD Analysis

Saturday, February 11 Leave a Comment

As discussed in Last Analysis Till we do not close above 20500 bulls will be on backfoot and bears will get active only below 20000 In between the range of 20000-20500 we will remain in choppy move, Buy lower sell High is best strategy till we do not close above or below this range.  High made today was 20310 and low made was 20167 so we continue to trade in range as we have discussed and formed inside day pattern Gann Arc again showed its power as bank nifty moved between the 2 arc as shown in below chart, 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. This Coach Improved Every Tiny Thing by 1 Percent and Here’s What Happened
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