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Nifty Bank Nifty Analysis for 07th April

Yesterday’s levels worked well.

Now tomorrow, it will be interesting to see whether the Nifty 50 Index will break and sustain above the 14790-14800 range or not.

If that happens, then the next hurdle will be around 14900 levels, where last time Gann Price Time Squaring happened.

The Bank Nifty Index is still looking weak. Holding below 32500 levels will add more weakness to the 31700-500 range.

Nifty EOD Analysis

Nifty Intraday Trading Levels

Nifty bulls need to break & sustain above 14825 to move towards 14870/14920/15030 levels for tomorrow’s session.

On the lower side, the Gann support level is 14680 below that Index can move towards 14630/14560/1420 levels.

Bank Nifty Index Angle Chart

Bank Nifty Index Intraday Levels

Bank Nifty bulls need to break & sustain above 32850 to move towards 32960/33150/33500 levels for tomorrow’s session.

On the lower side, the Gann support level is 32500 below that Bank Index can move towards 32390/32180/31700 levels.

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

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