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Nifty Bank Nifty View for 16th April

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Updated On:

The last analysis worked perfectly for Bank Nifty Index, and the Nifty levels didn’t get triggered.

Till Bank Index is trading above the 31500-700 range, we can see higher levels around 32450/32700.

Nifty can scale towards 14700/14850/14940 levels till it is holding the 14450-500 range.

nifty levels for intraday trading

Nifty Levels for Intraday Trading

Nifty bulls need to break & sustain above 14600 to move towards 14650/14710/14840 levels for tomorrow’s session.

On the lower side, the Gann support level is 14530 below that Index can move towards 14470/14395/14300 levels.

Bank Nifty Levels for Intraday Trading

Bank Nifty bulls need to break & sustain above 32200 to move towards 32350/32600/32950 levels for tomorrow’s session.

On the lower side, the Gann support level is 31900 below that Bank Index can move towards 31750/31500/30999 levels. 

Note: The above levels are for educational purposes only, not Buy/Sell advice.

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About The Author

Divesh Jotwani is an active and full-time trader in the Indian markets. He has spent over 20+ years researching and discovering WD Gann's methods and applying them daily in the markets.