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

Nifty Bank Nifty Gann Analysis for 16 September

Published On:

Today after a few minutes of the gap-up opening, both indices progressed downwards. And after that, for the whole session, both remained under pressure, and every bounce got sold off. 

Tomorrow in Nifty, the 17929-950 zone will play an important role. A sustainable move above that zone can take the index towards higher levels. And on the lower side, the 17850-840 area is the support.

And in Bank Nifty 41277-400 zone is crucial. If it holds above that zone, then it can move higher. On the lower side, 41100 & 40700 are the supports

nifty indices progressed downwards

Nifty Intraday Gann levels

Nifty bulls need to break & sustain above 17950 to move towards 17990/18040/18100/18170.

On the lower side, the Gann support level is 17850; below that Index can move towards 17810/17760/17700/17630.

Bank Nifty indices progressed downwards

Bank Nifty Intraday Gann levels

Bank Nifty bulls need to break & sustain above 41400 to move towards 41550/41750/42000.

On the lower side, the Gann support level is 41100; below that Bank Nifty Index can move towards 40950/40750/40500.

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!

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.