Bank Nifty ready for impulsive move, EOD Analysis

As discussed in Last analysis  Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market. As discussed before 23-24 very important date for trend change, today we saw a fast move in closing hours which suggests trend change can happen if we close above 19367 tomorrow.Low made was 19284 near the gann vertical line as seen in below chart, High near 19392, Bank Nifty bears unable to break 19158 and Bulls were unable to close above 19367 suggesting fight is on in between both of them, Bulls need a close above 19367 and bears below  19158.Price are near the gann vertical line as shown in below chart suggesting impulsive move is round the corner.  Bitter Truth about Trading

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