Bank Nifty ready for big move,EOD Analysis

Tuesday, May 9 Leave a Comment

As discussed in Last Analysis   Now bulls need to hold 22700 for a move towards 22940/23104.Bearish only on close below 22500. High made today was 22835 and low made was 22664 so bulls again were able to close above 22700, but still not doing the target of 22940, Holding 22700 bulls are in control for a move till 22940/23104. Bearish below 22500 for a move towards 22350/22115.Big move can be seen in next 1-2 days based on time cycle analysis. Should I trade or not ?

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