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

Trade Plan for Wednesday: Nifty Bank Nifty Intraday Gann Levels

Published On:

Updated On:

Nifty and Bank Nifty both ended flat. We were expecting a downside move today, and that did not happen.

But today’s upside move is not convincing as Nifty didn’t sustain above the 17425-430 zone, and Bank Nifty made exact high on the Gann Angle line.

The 17425-430 is a crucial zone for the Nifty 50 Index. A close or holding above that will drive Index towards 17480/17560 levels.

Bank Nifty held in a 36200-36900 range. Either side breakout (withholding) of the range will decide the trend.

Nifty Intraday Levels

Nifty bulls need to break & sustain above 17400 to move towards 17430/17470/17520 levels.

On the lower side, the Gann support level is 17330; below that Index can move towards 17300/17260/17210.

Bank Nifty Intraday Levels

Bank Nifty bulls need to break & sustain above 36800 to move towards 36900/37050/37250.

On the lower side, the Gann support level is 36500; below that Bank Nifty Index can move towards 36400/36250/36050 levels.

Note: The above levels are for educational purposes only, 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!

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.