Bank Nifty Bounces 350 points from Time Cycle Low
As discussed in Last Analysis
17 June is important trend change date as per geometric time cycle as
it being holiday we should see effect either tomorrow or Monday. Nifty
bears got whipsawed again as we discussed, Prices again bounced from
gann angles as shown in below chart and also closed above 23477 and now
heading towards 23760/23900. Bearish below 23400 for a move towards
23300/23150/23000. As we discussed 17 June is important trend change day
so low made on Friday is important ie.23391 holding the same we can
continue to move higher towards our target. So we saw the effect
of Geometric time cycle with Bank Nifty up by 250 points and in
process doing our 1 target of 23760, Now bulls should hold for 23500 for
further move towards 23960/24144. Bearish below 23400 for a move
towards 23300/23150/23000. What Stock Trader can Learn from Doctor
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