Bank Nifty does Price Time Squaring and gave big move
As discussed in Last Analysis
Bank Nifty gave the big move as we were expecting near turn date and
also made low of 24706 near our target of 24700 and bounced back as its
was gann angle support, Now Bulls need to move above 24800 for a move
towards 24994/25198. Bearish below 24700 for a move towards 24480/24250.
23 Sep is an important time cycle date,effect will be seen either
tomorrow or Monday. Its a Deja Vu trade in bank nifty today
everything was so perfect High made was 24709 as soon Bank Nifty was
below 24700 big fall started towards 24480, When both time and price
meet big move happens, another good example we saw today, 23 Sep effect
was seen today as we closed below our Divine Number of 24480 which has
give very good trades in last 2 months, so till we are trading below
24480 we can see fall towards 24151/23963. Bullish above 24510 for a
move towards 24800. “Giving” it the way Karna does…
Continue Reading
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
Subscribe to Post Comments [Atom]
<< Home