Thursday, 26 May 2016

{LONGTERMINVESTORS} Bank Nifty does 1000 points in 2 days from gann trendline,EOD Analysis

As discussed in last analysis   Now we need close above 17067  and gann Horizontal trendline for next move towards 17400, Support at 16792-16800. High made today was 17424 Bank nifty showed an impulsive move above 17067 and did 17367 in matter of hours, this is what happens once we complete time correction. Now Bulls would like to have weekly close above 17400 for next move towards 17650/18000. Bears will have chance only below 17050.  Benefits of Making a Trading Plan

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