Today, both indices opened lower, then remained rangebound throughout the session.
Tomorrow, Nifty’s intraday trend will be determined by the 18580-550 zone, while the 18670-700 zone can act as significant resistance.
The Bank Nifty needs to break & sustain above the 43500-650 zone to continue rising. On the lower side, 42900 is major support.
Nifty Intraday Gann levels
A break & hold above 18670 will help Nifty bulls move towards 18710/18760/18820/18890.
The Gann support level is 18570; below that, the Index can move toward 18530/18480/18420/18350.
Bank Nifty Intraday Gann levels
Bank Nifty bulls need to break & sustain above 43250 to move towards 43400/43600/43850.
On the lower side, the Gann support level is 42900; below that Bank Nifty Index can move towards 42750/42550/42300.
Note: The above levels are for educational purposes. Not Buy/Sell advice.