Bank Nifty in consolidation mode,EOD Analysis

As discussed in last analysis   Supply zone is range of 16229-16250 and Demand zone is back to 15700-15750, High Made was 16235 and bank nifty is stuck between gann line doing consolidation and will remain in that range till Monday   should breakout above 16300 and below 16000 after RBI policy on Tuesday where the next move should come as shown in below chart.   Focus On

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