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Bank Nifty EOD Update Mar 29 - For Mar Expiry Day

Bank Nifty opened Gap up and moved up making all time high at 21418 closing at 20391(all time high closing).
Chart shows Bank Nifty broke previous high of 20334 and also closed above it. Hourly channel resistance is around 21500 while bigger channel resistance is at 20650.

Inside Pitchfork:

IP showing Bank Nifty breaking out of it signalling Bullish move in coming days.
Tomorrow is Monthly F & O expiry. Hence, volatile move can be expected.

Gann Time Analysis:

Since Bank Nifty broke the high of 20334, it would be safe to assume that low of 20423 should remain protected for coming few months. Read here https://optiontradingcafe.blogspot.in/2017/03/bank-nifty-for-week-starting-mar-27.html

Tomorrow above 21415 target is 21510/21600. Below 21365 target is 21270/21170.
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