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Nifty Bank Nifty Intraday Gann Levels for 29 Oct

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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.

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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.