Bank Nifty near gann arc,Will it Bounce again ?

• Bank Nifty did the extended ABCD target and closed near 16897 which is near 78.6%. Bank NIfty also is near 61.8% zone of last fall so range of 16860-16890 is very important zone also gann arc support zone, which was held on Friday, holding the same we can see rally towards 17170 range where gann trendline lies. Breaking of 16850 can lead to fall towards 16587/16300.  Nifty Options-What happens on Expiration day?

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