{LONGTERMINVESTORS} Bank Nifty fails to cross gann arc,EOD Analysis

As discussing in past analysis Bulls needs a close above 18051 for next move 18650-18750, Bears below 17500 for move towards 17350/17055. close above gann arc can see bulls getting momentum on upside.Bank Nifty made low of 17346 before recovering but again unable to close above gann green arc as shown below. Bulls need to close above 17600 for bullish move, bears will become active on trading below 17350 and see an impulsive downsmove  towards 17150/16950.  Its all about Will power, Amazing Story of Girish Gogia

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Rgds,

Bramesh

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