The last analysis levels worked perfectly. Bank Nifty did low near 31300 Gann level and today made high of 32603. Nifty Index held 14300-340 Gann support range and did high around 14557 levels.
Now Bank Index has a multiple resistance between 32500-33000 range. The Price action in this zone will play a vital role in further market direction.
Likewise, the 14570-620 zone in the Nifty 50 Index will act as a decisive zone on a short-term basis.
Nifty Gann Levels
Nifty bulls need to break & sustain above 14520 to move towards 14560/14610/14710 levels.
On the lower side, the Gann support level is 14430 below that Index can move towards 14390/14350/14250 levels.
Bank Nifty Gann Levels
Bank Nifty bulls need to break & sustain above 32450 to move towards 32600/32850/33250 levels.
On the lower side, the Gann support level is 32100 below that Bank Index can move towards 31950/31700/31300 levels.
Note: The above levels are for educational purposes only, not Buy/Sell advice.
