Tuesday 14 June 2016

Nifty BankNifty Gann Demand Supply


As discussed in previous analysis that Nifty has strong Positional Support at 8100-8090/8047.

Yesterday Nifty made low of 8064 and closed above 8100.For next up move Nifty should

respect 8047/8030.Bullish Trend Reversal above 8130-8150.

BankNifty>>>

As discussed BankNifty closed below the lower cluster support 17600.So bearish

below 17600.But strong support at 17450-17500,Closed below this level BN may

heading towards 17200.Bullish above 17600 and Trend Reversal close above 17750.


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