Will Bank Nifty hold 16587,EOD Analysis

As discussed in previous analysis Bank Nifty broke support near gann arc and trendline as shown in below 2 charts, Bank Nifty closed below 16850 bank nifty moving towards 16587/16300.  Low made today was 16626 near 16587, Once 16587 is broken we can move towards 16300. Close above 16850 is important  for move towards 17170/17396. From Gambling to Trading: Mindset Shifts That Help You Win

Posted in: Technical Analysis