Nifty Bank Nifty Analysis & Trading Levels for Tuesday

Nifty and Bank Nifty today end in the green. Nifty opened higher, but soon, bears pulled it down. At the same time, Bank Nifty Index opens higher and continues to trade in the green.

Nifty bulls need to break and hold the 18250 levels to continue this positive momentum. On the downside, 18040 and 17900 are the key support levels.

And Bank Nifty bulls need to break and hold the 41550-600 zone to rally further. On the lower side, 41100 and 40400 are the support levels.

Bank Nifty bulls need to break

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 18140 to move towards 18170/18210/18260/18320.

On the lower side, the Gann support level is 18070; below that Index can move towards 18040/18000/17950/17890.

Bank Nifty Intraday Levels

Bank Nifty bulls need to break & sustain above 41400 to move towards 41550/41750/42000.

On the lower side, the Gann support level is 41100; below that Bank Nifty Index can move towards 40950/40750/40500.

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.