Bank Nifty moved up in the last 2 hours making top at 20903 and closed at 20860.
Bank Nifty moved quickly once it crossed Gann No 20710(Gann 5 digit No). It closed above another 5 digit Gann No 20819. So possibility of further up move is high. It may reach 21000/21100 in tomorrow's session. 21100 is 3 digit Gann no and hence Bank Nifty may face some resistance at that level. Breaking 20700 may lead to 20400 level.
Inside Pitchfork:
IP is showing target of 21100 as its upper 1 SD line is in that range. Downside target at 0.5 SD upper line is 20300.
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