Bank Nifty struggling in gann arc,EOD Analysis

•  As discussed in last analysis    Finally we closed above 15136 so follow up move should be see till 15136 is held on closing basis. Do remember overbought market can remain overbought for prolonged period of time, Just market is overbought does not mean go and short it. Bank Nifty gave a fall at opening formed double bottom and rocked again after it moved above 15136 making high of 15451 ans stopping at the gann arc as shown below. Till we close above 15136 Bank Nifty can move towards 15565 which is supply zone and gann trend line resistance, Strong support at bottom of gann arc and 14700-14800 zone.  A story that can change your life

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