Bank Nifty continue to trade below Gann Arc,EOD Analysis

As discussed in last analysis  Next move will only happen on close above 17700 for move towards 18000. Bearish on close below 17000. Range of 17500-17650 is important supply zone. High made today was 17648 at gann arc ,corrected all the way till 17462. Bulls need a close above 17670 for next move till 18000 and bears will get active only on close below 17077.   Trading Wisdom by George

Posted in: Technical Analysis