Thursday, July 20

Bank Nifty Analysis as we approach End of Current Time Cycle

As discussed in Last Analysis  Till we are holding 23760 bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty,  Bearish below 23700 for a move towards 23400/23100. High made today was 24300 so bank nifty again did 24270 and now is heading towards the next target of 24389/24480, 24477-24480 is major resistance for bank nifty,  Bearish below 23700 for a move towards 23400/23100. Time Cycle will change for bank nifty on 23 July as its is Sunday so we can see effect either tomorrow or Monday.  Why do 90% of traders lose money?

Continue Reading

0 Comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to Post Comments [Atom]

<< Home