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Nifty Bank Nifty Intraday Trading Plan

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The last analysis levels worked fine.

Because of the gap up opening, no level gets triggered in the Nifty 50 Index. But Bank Nifty did low near 33750 Gann resistance level and bounced around 400 points.

Both the Indices are in a stronger position and can rally more from present levels.


Holding the 14970-15030 Gann support range Nifty 50 index can rally towards 15170/15250/15340 levels.

Bank Index bulls need to hold the 33600-700 support range for maintaining the bullish tone. Sustaining above 34170-220 Gann resistance range will add more strength.

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 15140 to move towards 15170/15210/15290 levels.

On the lower side, the Gann support level is 15080 below that Index can move towards 15040/14980/14890 levels.

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 34160 to move towards 34300/34550/35050 levels.

On the lower side, the Gann support level is 33800 below that Bank Index can move towards 33650/33400/32900 levels.

Note: The above levels are for educational purposes only, not Buy/Sell advice.

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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.