Today after the gap-up opening, both indices faced resistance from the Gann Square level, then both fell and gave up most of the gains.
Tomorrow, the 17490-470 zone will play a crucial role in deciding the Intraday trend in Nifty. And on the higher side, the 17650 will act as the resistance.
For Bank Nifty, the 40150-40450 range is crucial. Either side break withholding will decide the trend of the day.
Nifty Intraday Gann levels
Nifty bulls need to break & sustain above 17550to move towards 17590/17640/17700/17770.
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 40450 to move towards 40600/40800/41050.
On the lower side, the Gann support level is 40150; below that Bank Nifty Index can move towards 40000/39800/39550.
Note: The above levels are for educational purposes. Not Buy/Sell advice.
