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

Nifty Bank Nifty Gann Analysis 02nd June

Published On:

Updated On:

The last analysis levels worked fine.

Both Indices today did low near yesterday, discussed support levels, and moved up higher. But both didn’t hold the gains and closed lower.

Nifty 50 Index has done a high near-critical Gann level. 

For more rise, bulls need to sustain above the 14660-670 range for more upside. On the downside, the 15530-490 range will act as support.

Likewise, Bank Nifty Index has too made high around Gann resistance level.  

But Index has many resistance points between the 35700-36000 range that bulls have to pass over for swift upside. On the downside, the 35200-34950 zone will act as support.

Gann Level Nifty

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 15610 to move towards 15650/15710/15790 levels.

On the lower side, the Gann support level is 15520; below that Index can move towards 15480/15420/15330.

Gann Level Bank Nifty

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 35600 to move towards 35700/35900/36200.

On the lower side, the Gann support level is 35200; below that Bank Nifty Index can move towards 35100/34900/34600 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.