Bank Nifty Bulls Bear in tug of war at gann angle

Monday, May 22 Leave a Comment

As discussed in Last Analysis   Bulls above 22800 can see next move towards 22940/23110. Bearish below 22600 only, As per time analysis expect a trending move in next 2 days. Bank Nifty opened gap up above 20800 and made high of 22918 not giving opportunity to bulls to enter, bears also were not able to break 20600 near the gann angle support so we remain in the range. Bears below 20600 can push bank nifty towards 20450/20300. Bullish above 22740 for a move towards 22900/23110.   Money is a Lot Like Water
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