Today, Nifty & Bank Nifty opened with the gap up, continued to trade higher, and ended green with over 0.60% gain.
Until Nifty is trading above the 16950-17030 zone, bulls have the upper hand. On the upside, the 17190-210 zone is the resistance.
And Bank Nifty bulls are safe until they are trading above the 34890-34600 zone. On the upside, the 35550-700 zone is the crucial resistance.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 17120 to move towards 17150/17190/17240/17300.
On the lower side, the Gann support level is 17050; below that Index can move towards 17020/16980/16930/16870.
Bank Nifty Intraday Gann Levels
Bank Nifty bulls need to break & sustain above 35350 to move towards 35500/35700/35950.
On the lower side, the Gann support level is 35100; below that Bank Nifty Index can move towards 34950/34750/34500.
Note: The above levels are for educational purposes only, not Buy/Sell advice.