Trade Set up for Tuesday: Nifty Bank Nifty Intraday Levels

Nifty ends flat, and Bank Nifty ends in the green today.

Nifty has major resistance in the 17950-965 zone. A further rally can happen above that. On the downside, the 17790-770 zone is the crucial support zone.

Above 38100-37900 zone, Bank Nifty is stronger. But Index requires sustaining above 38350 levels for more upside. On the downside, 37900 and 37500 are the support levels.

Nifty ends flat

Nifty Intraday Levels

Nifty bulls need to break & sustain above 17880 to move towards 17910/17950/18010 levels.

On the lower side, the Gann support level is 17820; below that Index can move towards 17790/17750/17690.

Bank Nifty ends flat near the Gann Angle line

Bank Nifty Intraday Levels

Bank Nifty bulls need to break & sustain above 38350 to move towards 38500/38700/38950.

On the lower side, the Gann support level is 38050; below that Bank Nifty Index can move towards 37900/37700/37450 levels.

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.