Bank Nifty heading towards 20500, EOD Analysis

As discussed in Last analysis  Close above 19700 on Weekly basis can see bank nifty moving towards all time high.  Now Bulls need to hold 19700 on Weekly basis as seen in below chart of gann angles, we have closed above the important gann line, Now holding the range of 19700-19550 bank nifty can move towards 20500/21000. Bears will get active below 19508 Bank Nifty closed above 19700 on Weekly basis which is big positive for bulls, Now we should be headed towards 20500/20600 as per Wolf Wave shown below. Bears will get active below 19500 only in between time correction. Do Not Limit Yourself

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