Bank Nifty rallies above 18700,EOD Analysis

As discussed in Last analysis  As seen in below chart we are again near a trend change as prices are near horizontal line, suggesting if 18443-18500 is held we can again see a move till 18900-19000 range.  Break of 18700 will signify we can see another move towards 19000 range. Bank Nifty made low of 18695 near our trigger of 18700 and zoomed to touch the high of 18695. So we held of to 18700 and made a dash towards 19000. Gann again helped in identifying the trend change near the vertical line. Now Bulls again need close above 18158 for move towards 19500 and bear will get active only on close below 18500, in between its just time correction.  WD Gann Trading Rules Part-II

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