Monday 16 November 2015

Bank Nifty near gann line,EOD Analysis

As discussed in Last analysis Bank Nifty took support at gann arc Now Bulls need a close above 17143/17170 for a quick move towards 17300/17470 where gann resistance line is present as shown in chart. Bank Nifty worked on similar line bulls were able to capitalized on the gann arc support and supply from bears started coming from the the gann resistance line as shown in the below chart.

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