The last analysis levels worked fine. Today, after the gap-down opening, both Nifty and Bank Index tried to recover but failed.
Volatility was high. Even after that, ‘Trend Square Method’ gave excellent trades on both the long and short sides.
Bank Nifty tomorrow should get close above 35150 levels else it can fall more. Below 15850 Nifty Index is in the weak position. On the lower side, 15680 is the support.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 15740 to move towards 15780/15840/15920 levels.
On the lower side, the Gann support level is 15650; below that Index can move towards 15610/15550/15470.
Bank Nifty Intraday Gann Levels
Bank Nifty bulls need to break & sustain above 34750 to move towards 34900/35150/35500.
On the lower side, the Gann support level is 34400 below that Bank Nifty Index can move towards 34250/33990/33650 levels.
Note: The above levels are for educational purposes only, not Buy/Sell advice.
