The last analysis levels worked fine.
Nifty 50 Index held 14820-860 Gann support range on a closing basis.
Today Intraday bounce was from the Gann’s square level, which suggests today’s low (14771) will play a crucial role for the rest of the week.
Bank Index failed to hold 32900 on a closing basis.
But Bank Index to gets bounce-back from Gann’s Square level. So, bulls can bounce again if they protect the 32500-600 range in coming sessions. On the higher side above, sustaining above 33150 levels will add a positive sign.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 14910 to move towards 14960/15020/15110 levels.
On the lower side, the Gann support level is 14810 below that Index can move towards 14760/14700/14610 levels.
Bank Nifty Intraday Gann Levels
Bank Nifty bulls need to break & sustain above 33050 to move towards 33160/33310/33560/33990 levels.
On the lower side, the Gann support level is 32700 below that Bank Index can move towards 32590/32450/32200/31800 levels.
Note: The above levels are for educational purposes only, not Buy/Sell advice.
