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Nifty Bank Nifty Intraday Gann Analysis 26th May

The last analysis levels worked fine.

Today, as expected, the Nifty and Bank Nifty Index fell. We discussed this yesterday market can take a pause here before the next vital move.

The downside may remain limited with a tight range of movement until the Index did not sustain below the 15170 levels. On the higher side, the 15270-280 range is decisive.

Likewise, in Bank Nifty Index, the downside seems limited until the Index is holding 34600-700 range.

Nifty and Bank Nifty Index

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 15260 to move towards 15290/15330/15390 levels.

On the lower side, the Gann support level is 15170; below that Index can move towards 15140/15090/15020.

Nifty and Bank Nifty Index

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 34950 to move towards 35100/35300/35700.

On the lower side, the Gann support level is 34600 below that Bank Index can move towards 34450/34250/33850 levels.

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

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