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Nifty Bank Nifty Intraday Gann Analysis

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In the last post, we discussed. The resistance level is 11540; above that, bulls can gain strength for the move towards 11570/11620/11700 levels. On the lower side, the Gann support level is 11450 below that move towards 11420/11370/11290 levels can come.

In Tuesday’s session, Nifty opened the gap up but failed to move over the 11540 Gann resistance level. Later, bears dragged the Index below 11450 support level and did the 1st target on sell-side.

26082020-Nifty Daily Gann Angle Chart

Nifty Intraday Trading Levels

For today’s Intraday session, the Resistance level is 11540; above that, bulls can gain strength for the move towards 11570/11620/11700 levels. 

On the lower side, the Gann support level is 11460 below that move towards 11430/11380/11290 levels can come.

Bank Nifty Intraday Analysis

In the last post we discussed. The Resistance level is 22930; above that, bulls can gain strength for the move towards 23030/23180/23400 levels. On the lower side, the Gann support level is 22670 below that move towards 22570/22420/22200 levels can come. 

In Tuesday’s session, Bank Index opened the gap up; and above 22930 Gann resistance level did the second target on the buy-side.

26082020- Bank Nifty Daily Gann Angle Chart

Bank Nifty Intraday Trading Levels

For today’s Intraday session, the Resistance level is 23200; above that, bulls can gain strength for the move towards 23300/23450/23700 levels.

On the lower side, the Gann support level is 23010 below that move towards 22910/22760/22500 levels can come.

Note: Above mention Price projection & other Information is for educational purpose only.

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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.