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Nifty Bank Nifty Intraday Gann Analysis

In the last post, we discussed. 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.

After Friday’s Analysis, Bull-To-Bear Downswing Shift in trend happened; and the Nifty Index fell 250 points.

Nifty weekly angle chart

Nifty Intraday Trading Levels

For today’s Intraday session, the Resistance level is 11290; above that, bulls can gain strength for the move towards 11320/11370/11450 levels.

On the lower side,
the Gann support level is 11210 below that move towards 11180/11130/11050 levels can come.


Bank Nifty Intraday Analysis

In the last post, we discussed. 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. 

After Friday’s Analysis, Bull-To-Bear Downswing Shift in trend happened, and the Bank Index fell almost 1000 points.

16082020 BNF Gann Angle Chart

Bank Nifty Intraday Trading Levels

For today’s Intraday session, the Resistance level is 21800; above that, bulls can gain strength for the move towards 21900/22050/22300 levels.

On the lower side,
the Gann support level is 21550 below that move towards 21450/21300/21050 levels can come.

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