Bank Nifty Technical Analysis for May Expiry

Wednesday, May 24 Leave a Comment

As discussed in Last Analysis  Below 22600 we can see down move towards 22450, Below 22450 we can see fast fall towards 22180/22000 . Bullish above 22740 for a move towards 22900/23110.   Bank Nifty opened above 22600 made high of 22674 so failed to move near 22740 but as soon as 22600 was broken bears moved towards our target of 22450 low made was 22470, Now close below 22450 we can see fast move towards 22350/22180/22000  Money is a Lot Like Water

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