Bank Nifty bounces 300 points from gann support,EOD Analysis

As discussed in Last Analysis  Bank Nifty finally closed below 22700 suggesting bulls are near the gann angle support holding the same we can again see an upmove towards 23000/23110.Bearish below 22500 for a move towards 22350/22100. Bank Nifty again bounced from gann support low made today was 22730 bulls were on front foot as we … Read more

Bank Nifty near gann angle support, Will It Bounce Again ?

As discussed in Last Analysis    Bank Nifty made high of 22977 doing our target of 22940 and now holding 20700 we can move towards 23110.Bearish only below 22500. Hope traders are njoying this wonderful ride we are having in market. Dance till the music lasts. Bank Nifty finally closed below 22700 suggesting bulls are near … Read more

Bank Nifty Hits new life high holding 22700

As discussed in Last Analysis   Holding 22700 bulls are in control for a move till 22940/23104. Bearish below 22500 for a move towards 22350/22115.Big move can be seen in next 1-2 days based on time cycle analysis. Bank Nifty opened gap up as it closed above 22700 yesterday but did not gave the big move we … Read more

Bank Nifty ready for big move,EOD Analysis

As discussed in Last Analysis   Now bulls need to hold 22700 for a move towards 22940/23104.Bearish only on close below 22500. High made today was 22835 and low made was 22664 so bulls again were able to close above 22700, but still not doing the target of 22940, Holding 22700 bulls are in control for … Read more

Bank Nifty again bounce from Gann Angle,EOD Analysis

As discussed in Last Analysis   Bulls failed to close above 22700, Bearish below 22500 for a move towards 22350/22115. Bullish above 22700 for a move towards 22940/23000. Bank Nifty again bounced back from the 22500 which was both gann angle and gann price support zone, High made today was 22835 so as soon as we … Read more

Bank Nifty Weekly Trend Analysis – Next Week Trend Targets

Last Week we gave Chopad Level 22400 Bank Nifty gave short entry on Tuesday@22400 made low of 22240 missed our 1 target of 22220 by 20 points, Bank Nifty opened gap up on Thursday gave long entry and rallied till 22850 in process doing 1 target on upside but failed to reach the 2 target … Read more

Will Bank Nifty Bulls hold 22500 for another rally ?

As discussed in Last Analysis   Holding 22700 we can see up move towards 22940/23330. Bearish below 22500 for a move towards 22350/22200. Bank Nifty again opened with gap made high of 22853 and corrected all the way till 22514, holding 22500 gann angle support as shown below. Bulls failed to close above 22700, Bearish below 22500 … Read more