Nifty Bank Nifty levels for March Expiry

Today both indices opened with a gap-up and ended the session in green.

Nifty bulls need to break

The bulls in Nifty are in control, but the 17560 Gann level can act as a hurdle. So bulls have to break & sustain above it for a fast move towards 17660/17800. But If bulls fail to do so in coming sessions, the Index can again move lower. And bears need to break and sustain below the 17390-380 zone to get control.

Nifty Intraday Gann levels

Nifty bulls need to break & sustain above 17560 to move towards 17600/17650/17710/17780.

On the lower side, the Gann support level is 17470; below that Index can move towards 17430/17380/17320/17250.

Bank Nifty bulls need to break

Bank Nifty bulls need to break 36600 for a strong upside move. If they fail to do so, the Index can re-visit the lower levels. And bears need to break and sustain below the 36050-35900 zone to get control. 

Bank Nifty Intraday Gann levels

Bank Nifty bulls need to break & sustain above 36600 to move towards 36750/36950/37200.

On the lower side, the Gann support level is 36250; below that Bank Nifty Index can move towards 36100/35900/35650.

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.