The rally in the last hour pushed Nifty and Bank Nifty higher.
Nifty opened lower today. It got support from the Gann angle and swing trading levels, which we discussed in yesterday’s analysis. Now bulls need to hold a 15830-800 price zone to continue this upside trend.
Above 35600 Bank Nifty is in a strong position. It can hit 36300/36500 levels in the coming days if it holds the 35100 levels.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 15890 to move towards 15920/15960/16010 levels.
On the lower side, the Gann support level is 15830; below that Index can move towards 15800/15770/15710.
Bank Nifty Intraday Gann Levels
Bank Nifty bulls need to break & sustain above 35850 to move towards 36000/36200/36500.
On the lower side, the Gann support level is 35600; below that Bank Nifty Index can move towards 35450/35250/34950 levels.
Note: The above levels are for educational purposes only, not Buy/Sell advice.