Bank Nifty forms Doji near gann support zone,EOD Analysis

As discussed in Last Analysis  Now as we are near support zone again, Holding 17860 Bank Nifty can bounce back towards 18070/18250. Below 17800 move towards 17640/17440.  Low made was 17819 and closed above 17860 suggesting we can see bounce towards 18070/18250. Fresh shorts should be taken below 17800 only for a move towards 17640/17440. As seen in below chart Unable to close above 18250 we can see fall towards 16980/16500.   Don’t Hope,… Decide!

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