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Could this GAP act as a SUPPORT now..?

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Supply and Demand Trend Lines Multiple Time Frame Analysis
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supplyanddemand trendline mtfa
As we can see BANKNIFTY tumbled over 1 percent amid weak global trends, we can still see it closed above the gap that acts as a SUPPORT. Hence till the gap is respected and trendline acts as a SUPPORT, we are still strong and this decline can be considered as a retracement so plan your trades accordingly.
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