๐๐ข๐Ÿ๐ญ๐ฒ ๐๐š๐ง๐ค ๐๐ข๐Ÿ๐ญ๐ฒ ๐“๐ซ๐š๐๐ž ๐’๐ž๐ญ๐ฎ๐ฉ ๐Ÿ๐จ๐ซ ๐–๐ž๐๐ง๐ž๐ฌ๐๐š๐ฒ

Today, Nifty & Bank Nifty opened with the gap up, continued to trade higher, and ended the session in green with a 1% gain.

For tomorrow’s session, Nifty bulls need to hold the 16640-670 zone to bounce back. On the upside, 16850 & 1698080 are the crucial resistances.

The Bank Nifty range is 34500-950. Either side breakout withholding will decide the trend for tomorrow’s session.

Nifty opened with the gap up

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 16820 to move towards 16860/16910/16970/17040.

On the lower side, the Gann support level is 16730; below that Index can move towards 16690/16640/16580/16510.

Bank Nifty opened with the gap up

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 34800 to move towards 34950/35150/35300.

On the lower side, the Gann support level is 34500; below that Bank Nifty Index can move towards 34350/34150/33900.

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.