Thursday, May 18

Bank Nifty holds the gann angle, Will it bounce again ?

As discussed in Last Analysis    Bulls need a close above 22940 for next move towards 23110. Strong support in range of 22680-22700. Bearish on close below 22600 for a move towards 22450/22300. Low made today was 22660 and close was at 22700 so bulls were able to hold the low of gann angles, holding the same we can bounce back towards 22820/22940/23110. Bearish below 22600 for a move towards 22500/22350. Why Do Traders Lose Money Part -I?

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