Bank Nifty holds its 200 DMA,EOD Analysis

As discussed in last analysis  Bulls need a close above 17100 which is supply zone and also gann resistance line as shown in below 2 chart, for next move till 17400, Strong support around 16800 zone, Bears will be active only on close below 16800 for a quick move till 16500 . High made today was 17023 bank nifty unable to scale above the supply zone level of 17067 and also the gann Continue

Posted in: Technical Analysis