Bank Nifty continue to hold gann trendline,EOD Analysis

• As discussed in last analysis now beak of 16188 we can see move towards 16000. Bullish on close above 16500.  Low made today was 16186 near gann trend line and demand zone as shown below, and High made was 16346 so unable to close above 16500 even though Bank Nifty was trading positive most part of the day,as it was unable to cross the gann arc. Bulls needs to close above gann arc, ie above 16500 for a rally. Bears needs to close below 16188 for next move towards 16000-15900.  The Rameswaram BOY who became president

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