Bank Nifty unable to close above gann line,EOD Analysis for 30 Sep

As discussed in last analysis Bank Nifty reacted from gann line of resistance and is heading towards the first support of 17000 and ultimate target of green arc as shown in below chart around 16700/16650. Low made today 16650 exactly at green arc as shown in below chart before RBI policy, and saw the huge bounce after RBI Cuts Repo Rate by 50 bps-- Full Text . After the initial rise Bank

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