Nifty Bank Nifty Intraday Gann Levels for 08 Oct

Nifty and Bank Nifty both opened with a strong gap up, held the gains, and ended in the green.

The 17890 is the hurdle for Nifty. Above that, Nifty can move towards the 17950/18020/18110. On the downside, 17600 and 17450 are the support levels.

Bank Nifty range is 37300-37950. Either side breakout on a closing basis will start the trending move.

Gann Angle Line is the hurdle for Nifty

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 17830 to move towards 17860/17900/17950/18010.

On the lower side, the Gann support level is 17750; below that Index can move towards 17720/17680/17630/17570.

Bank Nifty Intraday Levels

Bank Nifty bulls need to break & sustain above 37850 to move towards 37950/38100/38300.

On the lower side, the Gann support level is 37600; below that Bank Nifty Index can move towards 37500/37350/37150.

Note: The above levels are for educational purposes only, not Buy/Sell advice.

About the author

Divesh Jotwani is a full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day-in and-out markets.