Nifty and Bank Nifty today ended in the red. Nifty ends nearly 2% and Bank Nifty 3.5% lower.
Nifty bulls need to break and hold above the 18050-70 levels to gain momentum back. On the downside, 17770 and 17600 are the key support levels.
And Bank Nifty bulls need to hold the 39400 for a bounce-back. On the upper side, the 39900-40050 is the resistance zone.
Nifty Intraday Gann Trading Levels
Nifty bulls need to break & sustain above 17900 to move towards 17940/17990/18050/18120.
On the lower side, the Gann support level is 17820; below that Index can move towards 17780/17730/17670/17600.
Bank Nifty Intraday Gann Levels
Bank Nifty bulls need to break & sustain above 39700 to move towards 39850/40050/40300.
On the lower side, the Gann support level is 39400; below that Bank Nifty Index can move towards 39250/39050/38800.
Note: The above levels are for educational purposes only, not Buy/Sell advice.