Daily Report 11st Apr

Dear All##


What Next???

BankNifty>>

You must read previous articles and watch the given chart carefully to understand this post

As per my earlier post i said 15400/15200 is strong support for BankNifty according to elliott wave.

As per Gann line Resistance it was 15687.
Let us see chart for 12nd Apr update.

Nifty>>>

As per my earlier post i said Nifty Gann Line support is at 7525.For last three trading days Nifty

respect the Gann Line support 7525.Today Overshoot the 7525 line , making low of 7517 by 8 points

and bounce cross the Gann resistance line 7612.

Latter I will present the report why some times market/stock overshoot or not touch that line by some

points like 7788 in case of nifty's  natural frequency. Ok it is due to Forced Vibration and Damping Force respectively.

Let us see Nifty Chart how Gann Line 7525 takes support for last three trading session and  12nd Apr Update.

Note-This above report is for educational Purpose.Share your views that what you want for.