Bank Nifty bounces from Demand zone,EOD Analysis

• As discussed in Last analysis Bank Nifty was unable to close above the signal line and gann trendline and effect showed up today closing near the green gann arc, holding the same we can rally back to 17000/17170 but unable to close above it can see bank nifty falling towards 16587 as shown by supply and demand chart. Bank Nifty showed the power of gann arc did a gap up and bounced but still we are not out of woods till we do not close above gann trendline and gann signal line...

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