Bank Nifty Technical Analysis for Feb Expiry
As discussed in Last Analysis
20750 done today so traders who missed the big gap up on Friday were
able to enter when bank nifty came down and are rewarded more than 400
points in 2 days for there patience,Waiting for the trade to come is the
art every trader need to develop to be successful. As we have closed
well above 20750 we are heading towards 21080-21100 where resistance
comes as per gann angles shown below, Bearish only on close below 20450
for a move towards 20333/20150. High made today was 20958 so
still we are not able to do our target of 21000-21100, Till 20750 is
held we will be able to achieve the target. Bulls need a close above the
green arc for the impulsive move to happen. Bearish only on close below
20500. The Role of Regret in Trading
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