Nifty Bank Nifty Trading Plan for Tuesday Trading Session

Today Nifty & Bank Nifty both opened a 1% gap down. Then after consolidation, both the indices again moved lower and ended the session in the red.

The bears are strong until Nifty is trading below the 16890-910 zone. On the downside, the 16660-600 is the major support area.

The 37050-36700 is a crucial zone for Bank Nifty. Either side breakout withholding will decide the trend of the week.

Subscribe & Get YOUR FREE COPY of the Nifty Cycle Dates Report!!

In ten minutes (or less), discover the important weeks & months for the entire year 2022, where markets can make a swing (high or low). Click here to subscribe and get it right away.

nifty indices again moved lower

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 16910 to move towards 16950/17000/17060/17130.

On the lower side, the Gann support level is 16830; below that Index can move towards 17790/17740/17680/17610.

bank nifty indices again moved lower

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 37050 to move towards 37200/37400/37650.

On the lower side, the Gann support level is 36700; below that Bank Nifty Index can move towards 36550/36350/36100.

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

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.