Nifty and Bank Nifty dropped as a rollercoaster in freefall, and soon both bounced back like a champion.
‘Trend Square Method’ today again offers outstanding trades. That is the power of SQUARES.
Nifty 50 bulls are in control, and bulls will grip more above 15860 levels. On the downward side, 15700-680 is a support zone for the short term.
Bank Nifty bulls today again bounced back from important Gann levels. A close above 35500 levels will add more strength. Till then, it can trade in a range.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 15830 to move towards 15870/15930/16010 levels.
On the lower side, the Gann support level is 15750; below that Index can move towards 15710/15650/15570.
Bank Nifty Intraday Gann Levels
Bank Nifty bulls need to break & sustain above 35150 to move towards 35250/35500/35900.
On the lower side, the Gann support level is 34800 below that Bank Nifty Index can move towards 34700/34450/34050 levels.
Note: The above levels are for educational purposes only, not Buy/Sell advice.