We are pleased to announce the launch of our New website dedicated to WD Gann's work.

Trade Plan for 10 Aug: Indices Continue the Bullish Momentum

Published On:

Updated On:

On Monday, both indices opened flat. Then soon, both started moving upward, and the buying momentum was sustainable. Thus both indices closed on a positive note.

The 17490-440 zone will play a crucial role for the Nifty bulls. And below that, the major support is at the 17320-290 zone. On the higher side, the 17611-630 zone can act as a hurdle for the bulls.

Still, the 38200-300 is a crucial resistance zone for Bank Nifty Index. And on the downside, the major support is at the 37950-700 zone.

indices closed on a positive note

Nifty Intraday Gann levels

Nifty bulls need to break & sustain above 17570 to move towards 17610/17660/17720/17790.

On the lower side, the Gann support level is 17470; below that Index can move towards 17430/17380/17320/17250.

Bank Nifty Intraday Gann levels

Bank Nifty bulls need to break & sustain above 38300 to move towards 38450/38650/38900.

On the lower side, the Gann support level is 38050; below that Bank Nifty Index can move towards 37900/37700/37450.

Note: The above levels are for educational purposes. Not Buy/Sell advice.

Ready to look Deeper into WD Gann's Breakthrough work?

Subscribe now and elevate your understanding of WD Gann's techniques through our informative blog posts. Your path to learning begins here!

Divesh Jotwani

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.