Bank Nifty continue to trade below 20491, EOD Analysis

As discussed in Last analysis  Bank Nifty almost did the Wolf Wave pattern as we discussed, Now range of 20600-20675  is very cruical as this is next important gann level to be watched before heading towards all time high. Bears will get active below 20100 only. High made today was 20477, and close below 20491, Low made was near gann arc . Bulls need a close above 20491 and also close above 20675 for a next move towards the all time high. Bears have chance only below 19990. As per gunner chart we can expect another impulsive move of 200-300 point in next 2 trading session.  Bank Nifty still unable to close above 20491 and continue to move down, but still unable to break 20100, Bears need close below 20100 for a quick move towards 19928/19758. Bulls only active above 20491. What is true happiness in life?

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