Today both indices opened gap-up. Then, for the whole session, both indices remained RangeBound till the end.
Now Nifty bulls need to hold the 16030-15990 zone to maintain a positive stance. And on the higher side, the 16170-210 zone will act as the resistance.
Bank Nifty needs to hold the 34700-500 zone to rally further. On the upside, 35200 is the resistance.
Nifty Intraday Gann levels
Nifty bulls need to break & sustain above 16170 to move towards 16210/16260/16320/16390.
On the lower side, the Gann support level is 16070; below that Index can move towards 16030/15980/15920/15850.
Bank Nifty Intraday Gann levels
Bank Nifty bulls need to break & sustain above 34950 to move towards 35100/35300/35550.
On the lower side, the Gann support level is 34600; below that Bank Nifty Index can move towards 34450/35250/34000.
Note: The above levels are for educational purposes. Not Buy/Sell advice.
