Bank Nifty continue to hold 21500,EOD Analysis

As discussed in Last Analysis  Bank Nifty did the target of 21700 as we are expecting as it took support at gann angles and also closed above the 21500 and traders were able to capture today's trending move. Now bulls need to hold to 21500 level for next move towards 21950-22000. Bearish on close below 21400. Bank Nifty made low of  21551 so bulls held on to 21500 in today's correction so we can continue the upmove towards 21850/21990 as we have weekly closing tomorrow, Friday being an holiday. Bearish below 21500 for a move towards 21400/21350 Secret of Successful Traders :Be Imperfect

Continue Reading