The last analysis worked perfectly. Both Nifty and Bank Nifty moved higher after taking the exact support from the discussed Gann levels.
Nifty and Bank Nifty Index may open a gap-up tomorrow. In that case, the 32400-600 range will play a vital role in Bank Index’s trend.
The 14750-790 range for Nifty is critical. If bulls manage to hold above that range, we can see 14850/14920/15050 levels again.
Nifty Intraday Levels
Nifty bulls need to break & sustain above 14790 to move towards 14840/14920 levels for tomorrow’s session.
On the lower side, the Gann support level is 14650 below that Index can move towards 14600/14500 levels.
Bank Nifty Intraday Levels
Bank Nifty bulls need to break & sustain above 32500 to move towards 32700/32999/33350 levels for tomorrow’s session.
On the lower side, the Gann support level is 32100 below that Bank Index can move towards 31900/31600/31200 levels.
Note: The above levels are for educational purposes only, not Buy/Sell advice.