Bank Nifty corrects from Gann Line, Technical Structure before RBI policy
- As discussed in last analysis
Bank Nifty reacted from gann line of resistance and is heading towards
the first support of 17000 and ultimate target of green arc as shown in
below chart around 16700/16650.Pyrapoint suggest Break of 17000 on
closing basis opens possibility of nifty moving towards 16500/16400 in
short term.Bullish on close above 17600.
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