Wednesday, March 1

Nifty bounces holding gann support,EOD Analysis

As discussed in last analysis   Nifty made low of 8867 so bulls holding on to 8850 near the gann angles, as seen in below chart. Hopefully we should get the trending move , If 8850 is held we can see upmove towards 8920/9000. Below 8850 dowmnove towards 8773/8720. Nifty opened gap up and trades who went long as 8850 was protected were rewarded as we did 8920 and high made was 8960. Hopefully we should do 9000 and break the gann arc.


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