- As discussed in last analysis Now we need a close above 14272 which is gann trend line for a 500 point run on upside else again we might see a drop to 13400-13500. Bank Nifty moved above 14272 and almost did 900 points on upside and also crossed the resistance zone of 14590-14640 with a gap up. Green Arc resistance comes @15565 and the same is also coming as per supply demand analysis so bank nifty needs to close above 15136 for next move towards 15565, Support is now at 14700-14800 zone. Are you Loss Making Trader?
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