Wednesday, April 6

Will Bank Nifty hold gann arc for next 2 days,EOD Analysis

As discussed in Last Analysis We are at a very crucial junction for next 2 days, as we are near supply zone of 15700 and also near gann arc, Holding the same we will again bounce towards 16000/16300, break of same we will be going back towards 15300.  Bank Nifty today closed below the demand zone of 15700 but took support at gann arc as shown below, If we close below todays low of 15550 we can see fast move towards 15300/15250, else can see fast up move above 15700 towards 15950/16000.  The Confident Trader

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