Nifty & Bank Nifty Weekly Expiry Levels

Today, Nifty & Bank Nifty opened with a gap up. Then, after consolidation, both the indices continued their upward trend and ended the session in the green.

Until Nifty is trading above the 17680-700 range, bulls are strong and can take Nifty towards 18000/18200 levels. On the upside, the 17800-810 zone can act as resistance.

The Bank Nifty can advance towards 39500/40100 levels. Until trading above the 38800-700 range. On the upside, the 39500 can act as resistance.

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Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 17810 to move towards 17840/17880/17930/17990.

On the lower side, the Gann support level is 17740; below that Index can move towards 17710/17670/17620/17560.

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 39400 to move towards 39550/39750/40000.

On the lower side, the Gann support level is 39100; below that Bank Nifty Index can move towards 38950/38750/38500.

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.