Saturday, 12 November 2016

{LONGTERMINVESTORS} Bank Nifty hold the support zone of 19732,EOD Analysis

  • As discussed in last analysis Now Bulls need to close above 20300 for a move above 20500/20907. Bears will get active below 20000 for a target of 19732.  Bulls need a weekly close above 20300 as shown in below gann angle chart for a move towards life high.  Bulls again failed to close above 20300 on weekly basis,but continue to hold our support at 19732. Bulls need to hold 19732-19650 range for another move towards 20000/20232.

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Rgds,

 Bramesh

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