Friday, July 28

Nifty corrects after touching gann angle,EOD Analysis

As discussed in last analysis   We made time cycle low on Friday on gann angle and rallied today this is how time analysis give an extra edge. Till we are holding 9930 we can rally till 10057-10090 where we have gann angle resistance. Bearish below 9930 for a move towards 9860/9810. High made today was 10114 so nifty did another target of 10097, also today's high was near gann angle suggesting we might see pause in current uptrend, but safe shorts will be below 10000 for a move towards 9930/9860/9810. Fresh long above 10090 for a move towards 10250-10410 for August Series. Bank Nifty does 25000 Holding 24480
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