Bank Nifty forms Inside bar pattern,EOD Analysis

Wednesday, March 15 Leave a Comment

As discussed in Last Analysis  21000 will become an important support on lower side, break of 21000 can see fast move towards 20900/20750. Higher side move above todays high of 21274 can see fast move towards 21400/21500 where is gann angle resistance. Bank Nifty made low of 21063 and high made today was 21216 so Bank Nifty formed an Inside bar pattern today before we get to know the outcome of Fed event. Long above 21300 for a move towards 21450/21500. Bearish below 21000 for a move towards 20800/20600. Chasing a Trade

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