We are pleased to announce the launch of our New website dedicated to WD Gann's work.

Nifty Bank Nifty Trade Set-up for 06 September

Published On:

Updated On:

Today both indices opened flat, but soon both ran upwards. Then both consolidated on the higher levels and closed in the green. 

In Nifty, the 17680-700 zone will play an important role. 

A sustainable move above that zone can take the index towards 17770/17900 levels. And on the lower side, the 17550-600 area will act as support

The 39900-40100 is a crucial zone for Bank Nifty.

If Bank Index breaks and holds above that zone, it can show a further strong upmove towards 40400/40700 levels. And on the lower side, the 39700 & 39400 will act as support

crucial zone for Nifty

Nifty Intraday Gann levels

Nifty bulls need to break & sustain above 17700 to move towards 17740/17790/17850/17920.

On the lower side, the Gann support level is 17600; below that Index can move towards 17560/17510/17450/17380.

crucial zone for Bank Nifty

Bank Nifty Intraday Gann levels

Bank Nifty bulls need to break & sustain above 40050 to move towards 40200/40400/40650.

On the lower side, the Gann support level is 39700; below that Bank Nifty Index can move towards 39550/39350/39100.

Note: The above levels are for educational purposes. Not Buy/Sell advice.

Ready to look Deeper into WD Gann's Breakthrough work?

Subscribe now and elevate your understanding of WD Gann's techniques through our informative blog posts. Your path to learning begins here!

Divesh Jotwani

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.