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Nifty Bank Nifty Trading Plan 14th Aug

In the last post, we discussed. The Resistance level is 11350; above that, bulls can gain strength for the move towards 11380/11430/11510 levels. On the lower side, the Gann support level is 11270 below that move towards 11240/11190/11110 levels can come. 

In Thursday’s session, Index opened the gap up. After forming high near Intraday Gann resistance level, bears pushed the Nifty towards the lower end. The overall day was range-bound.

Nifty

Nifty Intraday Trading Levels

For today’s Intraday session, the Resistance level is 11360; above that, bulls can gain strength for the move towards 11390/11440/11520 levels.

On the lower side, the Gann support level is 11270 below that move towards 11240/11190/11110 levels can come.


Bank Index Intraday Analysis

In the last post, we discussed. The resistance level is 22350; above that, bulls can gain strength for the move towards 22450/22600/22850 levels. On the lower side, the Gann support level is 22100 below that move towards 21990/21740/21500 levels can come. 

In Thursday’s session, Bank Index opened the gap up; bulls above 22350 Bank Nifty Intraday resistance level almost did the first target.

Bank Nifty

Bank Index Intraday Trading Levels

For today’s Intraday session, the Resistance level is 22260; above that, bulls can gain strength for the move towards 22360/22500/22750 levels. 

On the lower side, the Gann support level is 22110 below that move towards 22010/21850/21600 levels can come.

Note: Above mention Price projection & other Information is for educational purpose only.

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