Bank Nifty rallies 600 points holding gann support,EOD Analysis

As discussed in Last Analysis  Now break above 21900 can see quick move towards 22000/22136. Bearish below 21500 for a move towards 21350.  Bank nifty opened with gap up moved above the gann angle and now is heading towards 1 gann resistance of 22136 and above that 22325. Its been 1 way ride above 21600 … Read more

Bank Nifty rallies towards life high holding gann angle

As discussed in Last Analysis We are in netural zone till we break the range of 21350-21600 suggesting both bulls and bears are on sidelines, Breakout of this range can give fast move of 250-300 points. Buy above 21600 for a move towards 21800-21850, Breakdown below 21350 for a move towards 21150-21100. As soon as … Read more

Bank Nifty continue to hold 21350-80 range,EOD Analysis

As discussed in Last Analysis Bullish only above 21600 for a move till 21750/21900. Below 21350 if we break we can see fast move towards 21150/21000. High made today was 21614 and Low made was 21386 so bank nifty moved above 21600 so bank nifty moved above 21600 but did not sustain over it, so … Read more

Bank Nifty continue to trade below gann angle,EOD Analysis

As discussed in Last Analysis Bank Nifty opened above 21600 but as soon as 21600 was broken in 1 hour of trading fall started and low made was 21470 near our target of 21480. Till be trade below 21600 we can see a move towards 21350 which is important level both as per gann price … Read more

Bank Nifty does 21900 and saw intraday correction,EOD Analysis

As discussed in Last Analysis   Low made today was 21576 so bulls again held on to gann angle as shown in below chart suggesting game is on for the move towards 21800/21920/22111. Bearish below 21520 for a move towards 21400/21250.   Bank Nifty did the high of 21947 and did the 2 target of 21920, … Read more

Bank Nifty continue to hold Gann Angle,EOD Analysis

As discussed in Last Analysis  Bank Nifty continue to hold on to its gann angle suggesting bulls are holding the grip. Holding the low of 21600 BUlls can continue to see upmove towards 21800/21920/22000. Bearish on close below 21520 for a move towards 21400/21350/21230. New time cycle is starting from coming week (More Details in … Read more

Bank Nifty hold to gann angle with new time cycle approaching

As discussed in Last Analysis  Bank Nifty made low of  21551 so bulls held on to 21500 in today’s correction so we can continue the upmove towards 21850/21990 as we have weekly closing tomorrow, Friday being an holiday. Bearish below 21500 for a move towards 21400/21350. Bank Nifty continue to hold on to its gann angle … Read more