Bank Nifty corrects 600 points from gann line of resistance,EOD Analysis
As discussed in Last analysis As
seen in below gann chart, Bank Nifty opened at the gann resistance line
also opened below 20155 suggesting correction on cards as we discussed,
low made 19861 and by Monday we should get our target of 19800/19700.
Bank Nifty is trading in a range 20250-19700 doing time correction
before the next trending move. Bulls will get active on close above
20155 and bears on close below 19700. Bank
Nifty followed the gann line of resistance and corrected back towards
gann angle line as shown in above chart, almost 600 point correction in 3
trading session
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