Bank Nifty bounces 593 points from Time Cycle low

As discussed in Last Analysis    We gave this message on our Facebook page on Friday,Traders who went long would have been rewarded by this message as bank nifty bounced back around 400 points from the low. Bulls should hold 24100 for a move towards 24372/24520/24648. Bears below 24000 can push bank nifty towards 23822/23755/23540.  Bank Nifty bounced another 320 points and from the low of 23868 we have now bounced 593 points so almost doing the target of 600 points as per time cycle. Now we are again approaching the crucial range of 24476-480, fresh longs should be taken above this for a move towards 24648/24800/24928. Bearish below 24389 for a move towards 24120/24000. 17 Aug is again a time cycle date so

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