Thursday, March 30

Nifty continue to close above gann angle,EOD Analysis

As discussed in last analysis   As per time analysis we have made a low till 9020 is not broken and we can see upmove towards 9175/9216/9268 once we close above 9130 Bearish below 9077 for a move back to 9020/8992 We have seen close above 9130 today above gann angles, suggesting we can see range expansion and we are heading towards 9175/9216/9268. Bearish below 9070 for a move till 9020. Low made today was 9136 and High made was 9183 suggesting bulls are still active and should make life high above 9218 in next 1-2 days. We are up move than 160 points from low of 9020 made as per time analysis. Above 9218 we can see  upmove towards 9268/9317. Bearish below 9070 for a move till 9020.  Bank Nifty does 21700 on Expiry Day,EOD Analysis
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