Nifty and Bank Nifty today opened gap down and ended the session in the red.
Today Nifty had made the low near important Gann support level. If bulls hold the 17780-17810 zone, they can show a pullback towards 17940/18020/18110 levels.
Below 38850-39050, Bank Nifty is weaker. But on the downside, the 38200-37950 zone can act as good support. Watch out for the Price action near the support and resistance for determining the further move.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 17900 to move towards 17930/17970/18020/18080.
On the lower side, the Gann support level is 17830; below that Index can move towards 17800/17760/17710/17650.
Bank Nifty Intraday Levels
Bank Nifty bulls need to break & sustain above 38600 to move towards 38750/38950/39200.
On the lower side, the Gann support level is 38350; below that Bank Nifty Index can move towards 38200/38000/37750.
Note: The above levels are for educational purposes only, not Buy/Sell advice.
