Today both indices opened gap-up, then after breaking the resistances (15477/32990), both indices rallied over 1.50% and closed the day on a positive note.
To rally further, the Nifty must hold the 15570-550 zone. On the upside, 15700 is the resistance.
Bank Nifty bulls have to hold the 32850-33050 zone for further rally. On the upside, 33300 & 33900 are the resistances.
Nifty Intraday Gann levels
Nifty bulls need to break & sustain above 15660 to move towards 15710/15770/15850/15930.
On the lower side, the Gann support level is 15570; below that Index can move towards 15520/15460/15390/15310.
Bank Nifty Intraday Gann levels
Bank Nifty bulls need to break & sustain above 33400 to move towards 33550/33750/34000.
On the lower side, the Gann support level is 33050; below that Bank Nifty Index can move towards 32900/32700/32450.
Note: The above levels are for educational purposes. Not a Buy/Sell advice.
