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Nifty Bank Nifty Intraday Trend Outlook

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In the last post, we discussed. The Resistance level is 11605; above that, bulls can gain strength for the move towards 11635/11680/11760 levels. On the lower side, the Gann support level is 11520 below that move towards 11490/11440/11360 levels can come.

In Thursday’s session, Index opened gap up after that for the entire session market traded in range.

Nifty Intraday Trading Levels

For today’s Intraday session, the Resistance level is 11640; above that, bulls can gain strength for the move towards 11670/11710/11790 levels.

On the lower side, the Gann support level is 11570 below that move towards 11540/11500/11420 levels can come.

Bank Nifty Intraday Analysis

In the last post we discussed. The Resistance level is 23550; above that, bulls can gain strength for the move towards 23650/23800/24100 levels. On the lower side, the Gann support level is 23300 below that move towards 23200/23050/22750 levels can come.

In Thursday’s session, Bank Nifty Index opened gap up; after breaking the 23550 Gann resistance level; bulls formed the high around 23700 levels.

Bank Nifty Intraday Trading Levels

For today’s Intraday session, the Resistance level is 23700; above that, bulls can gain strength for the move towards 23800/23950/24200 levels.

On the lower side, the Gann support level is 23500 below that move towards 23400/23250/22999 levels can come.

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

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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.