Nifty Bank Nifty Intraday Levels 01 June

The last analysis levels worked fine.

Both Indices have gained more strength today. Now Nifty 50 Index bulls need to hold the 15530-490 range for maintaining the upside momentum.

Likewise, Bank Nifty Index bulls need to hold the 35200-34950 range for more upside.

Nifty 50 Index bulls HOURLY CHART

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 15610 to move towards 15650/15710/15790 levels.

On the lower side, the Gann support level is 15520; below that Index can move towards 15480/15420/15330.

Bank Nifty Index Index bulls HOURLY CHART

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 35600 to move towards 35750/35990/36500.

On the lower side, the Gann support level is 35300; below that Bank Nifty Index can move towards 35150/34900/34400 levels.

Note: The above levels are for educational purposes only, not Buy/Sell advice.

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.