Nifty Bank Nifty Trading Strategy for 23rd April

The last analysis levels worked perfectly.

Nifty did low near discussed level 14160 and rebound rapidly, breaking every resistance.

Now bulls are building support in the 14340-300 range, holding that Index can rise towards 14520/15650 levels.

The Bank Nifty bulls are forming a support near 31300, holding that Bank Index can rise more. But on the higher side, Price action near the 32300-500 range will play a vital role.

Nifty Gann Angle Chart

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 14430 to move towards 14475/14530/14610 levels.

On the lower side, the Gann support level is 14340 below that Index can move towards 14299/14250/14160 levels.

Bank Nifty Angle Chart

Bank Nifty Intraday Levels

Bank Nifty bulls need to break & sustain above 31920 to move towards 32100/32350/32700 levels.

On the lower side, the Gann support level is 31640 below that Bank Index can move towards 31500/31300/30900 levels. 

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

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