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 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 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.