Saturday, September 2

Bank Nifty hangs around gann angle,EOD Analysis

As discussed in Last Analysis   Low made today was 24207 and high made was 24354 so bulls and bears both trading in small range, September series will start with time cycle date on 01 Sep, so big move should be seen in next 2 trading sessions. Bears will again get active below 24200 for a move towards 23963/23830. Bullish above 24510 for a move towards 24750/25000. High made was 24494 so still bulls are not able to close above 24480 our vedic number which gave very good trades in last month and also 24510, Time cycle will start showing effect once we move above 24510 which is gann angle resistance as seen in below chart for a quick move towards 24750/25000. Bearish below 24200 for a move towards 23963/23830.  Trickle or a raging river, money is a lot like water
Continue Reading

0 Comments:

Post a Comment

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

Subscribe to Post Comments [Atom]

<< Home