Nifty and Bank Nifty opened lower, but later, both recovered from the day low and ended flat.
Until Nifty is holding the 17650-630 zone, it can bounce back towards 17800/850/960 levels. On the upside above the 17829-855 zone, Nifty bulls can gain momentum.
The 37300 is the crucial support zone for Bank Nifty. Until the Index is holding that, it can again jump towards 38150/38500 levels. On the upside above the 38100-160 zone, Bank Nifty bulls can gain momentum.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 17780 to move towards 17810/17850/17900/17960 levels.
On the lower side, the Gann support level is 17710; below that Index can move towards 17680/17640/17590/17530.
Bank Nifty Intraday Levels
Bank Nifty bulls need to break & sustain above 37900 to move towards 38050/38250/38500.
On the lower side, the Gann support level is 37650; below that Bank Nifty Index can move towards 37500/37300/37050 levels.
Note: The above levels are for educational purposes only, not Buy/Sell advice.