Bank Nifty Bounces from Gann Support zone,EOD Analysis

As discussed in Last Analysis    High made today was 21616 and low was 21397 so bulls break the 21500 and saw a quick fall towards 21397 which is gann angle support as seen in below chart, Any close below 21397 we can see fall towards 21220. Bullish above 21500 for a move towards 21700.  Bank Nifty bounced from the gann angle support low made today was again 21396  and closed above 21500

Posted in: Technical Analysis