Nifty Bank Nifty Analysis & Trading Levels for Tuesday

11 October 2021

Last Updated: 19 October 2021

Nifty and Bank Nifty today started on a positive note and ended in the green.

Now to hold the gains, Nifty bulls need to save the 17890-875 zone. On the upside, 18070 is the crucial resistance level.

And Bank Nifty bulls need to hold the 38150-100 zone to extend the rise. On the upside, 38600 is the important resistance level.

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 17970 to move towards 18000/18040/18090/18150.

On the lower side, the Gann support level is 17910; below that Index can move towards 17880/17840/17790/17730.

Bank Nifty Intraday Levels

Bank Nifty bulls need to break & sustain above 38400 to move towards 38550/38750/39000.

On the lower side, the Gann support level is 38150; below that Bank Nifty Index can move towards 38000/37800/37550.

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

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.

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