Nifty Bank Nifty Intraday Gann Levels for 22 Oct

Nifty and Bank Nifty today open gap-up today. But soon, bears pulled the Nifty 50 Index down again, while Bank Nifty traded in a range. Later, Nifty jumped nearly 200, and Bank Nifty 800 points from the day low.

Nifty bulls need to hold the 18100-18090 zone to continue this positive momentum. On the upside, 18265 and 18350 are the key resistance levels.

And Bank Nifty bulls need to hold the 39900-800 zone to rally further. On the upside, 40200 and 40800 are the resistance levels.

bears pulled the Nifty 50 Index

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 18200 to move towards 18230/18270/18320/18380.

On the lower side, the Gann support level is 18120; below that Index can move towards 18090/18050/18000/17940.

Bank Nifty Intraday Levels

Bank Nifty bulls need to break & sustain above 40100 to move towards 40250/40450/40700.

On the lower side, the Gann support level is 39850; below that Bank Nifty Index can move towards 39700/39500/39250.

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.