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Nifty Bank Nifty Intraday Trend Outlook

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.

26082020-Nifty Daily Gann Angle Chart

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.

26082020- Bank Nifty Daily Gann Angle Chart

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.