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Nifty Bank Nifty Trading Plan for 27th April

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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 level for intraday trading

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.

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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.