Thursday, 3 March 2016

{LONGTERMINVESTORS} Bank Nifty closes above 15136,EOD Analysis

  •  As discussed in last analysis   Green Arc resistance comes @15565 and the same is also coming as per supply demand analysis so bank nifty needs to close above 15136 for next move towards 15565, Support is now at 14700-14800 zone. Finally we closed above 15136 so follow upmove should be see till 15136 is held on closing basis. Do remember overbought market can reamin overbought for prolonged period of time, Just market is overbought does not mean go and short it. How to Maintain Trading Journal


BN Stalling on Demand Zone


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