Sunday, 30 October 2016

{LONGTERMINVESTORS} Bank Nifty Analysis for Muhurat Trading

 As discussed in Last analysis Low made today 19252 so 19300 also done,today low is near gann angle suggesting we can see upmove till 19700 and if sustained can see move till 20K, again not able to cross 19700 we can see fall till 19000 in next round of correction. Bank Nifty took support near gann angles as shown in below chart, Holding 19500 we can see upmove towards 19700 but Bulls will get active only above 19700 for quick move towards 19900/20000. Bears below 19500 can quickly push towards 19300/19000.   Muhurat Trading: Vows Traders should make to avoid loss in coming Year

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Rgds,
Bramesh

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