Saturday, April 15

Bank Nifty hold to gann angle with new time cycle approaching

As discussed in Last Analysis  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 21400/21350Bank Nifty continue to hold on to its gann angle suggesting bulls are holding the grip. Holding the low of 21600 BUlls can continue to see upmove towards 21800/21920/22000. Bearish on close below 21520 for a move towards 21400/21350/21230. New time cycle is starting from coming week (More Details in Weekly Analysis) so we can see good trending move in next 1-2 days. Employ your mind wisely or else it will Employ You
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