Nifty Bank Nifty Analysis & Trading Levels for Tuesday

Nifty and Bank Nifty opens with a gap-up today. Both hold the gains and end in the green.

Now to hold the gains, Nifty bulls need to save the 18405-18395 zone. On the upside, 18560 is the crucial resistance level.

And Bank Nifty bulls need to hold the 39500-480 zone to extend the rise. On the upside, 39950 is the important resistance level.

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 18530 to move towards 18570/18610/18660/18720.

On the lower side, the Gann support level is 18450; below that Index can move towards 18420/18380/18330/18270.

Bank Nifty opens with a gap

Bank Nifty Intraday Levels

Bank Nifty bulls need to break & sustain above 39800 to move towards 39950/40150/40400.

On the lower side, the Gann support level is 39500; below that Bank Nifty Index can move towards 39350/39150/38900.

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.