Bank Nifty continue its range play,EOD Analysis

Wednesday, May 3 Leave a Comment

As discussed in Last Analysis  As discussed 22547-559 range which is gann resistance level as per below charts, needs to be crossed for a fast rise towards 22800/22900 range. Bearish only on close below 22180. So bank nifty can keep playing the range of 22180-22500 before a move of another 300-400 points. High made today was 22449 and low made was 22280 so bank nifty continue to trade in the range we discussed 22180-22500, trend trades sit on sidelines till range in broken, scalpers buy low sell high till range in broken.   Trading Sins

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