Wednesday 15 June 2016

Nifty BankNifty Above Gann Positional Support



As Discussed in last analysis report that Nifty should respect 8047/8030 level for next

up-move and Zoom Target.Also mentioned that 8130-8150 as Trend Reversal,

Yesterday and today Nifty respect that said price level and  Good bounce today

closed above psychological level 8200.

Now Nifty>>>

Intraday Resistance- 8210-8240

Intraday Support-8150

Positional Resistance and Trend Reversal -8270 and Target 8320-8330/Zoom Target(?)

BankNifty>>

As said BankNifty has good support at 17500,bullish above 17600 and Trend Reversal

above 17750.Today BN made High of 17943.

Now BankNifty has resistance at 18020 and above that Zoom Target (1)-18300/18500

intraday support at 17900 and Positional support at 17650.

Note-Educational Purpose Only.Read Disclaimer.

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