We are pleased to announce the launch of our New website dedicated to WD Gann's work.

Nifty Bank Nifty Trade Setup for Wednesday

Published On:

Updated On:

After the solid gap-up opening, Nifty and Bank Nifty fell over 1% from the day high. Both failed to cross the resistance levels (15900-920 & 35200), which we discussed in yesterday’s report.

Now, this week the Nifty range is 15700-15920. Either side breakout (with sustaining) will give the trending move.

The Bank Nifty range is 34700-35200 (which I mentioned in yesterday’s post), and it worked fine today.

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 15790 to move towards 15830/15870/15920 levels.

On the lower side, the Gann support level is 15700; below that Index can move towards 15670/15630/15580.

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 34990 to move towards 35100/35250/35450.

On the lower side, the Gann support level is 34700; below that Bank Nifty Index can move towards 34600/34450/34250. levels.

Note: The above levels are for educational purposes only, not Buy/Sell advice.

Ready to look Deeper into WD Gann's Breakthrough work?

Subscribe now and elevate your understanding of WD Gann's techniques through our informative blog posts. Your path to learning begins here!

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.