Today, the Nifty opened down. But Bank Nifty opened up and did high near 39424 & then it gave up all the gains and ended in the red with Nifty.
The 17410-390 is a major support zone that Nifty can test until trading below the 17620-630 range.
The 38800-700 zone supports Bank Nifty. If it fails to hold that zone, it can test 37300/37900 levels. On the upside, 37250 & 37500 are the resistances.
Subscribe & Get YOUR FREE COPY of the Nifty Cycle Dates Report!!
In ten minutes (or less), discover the important weeks & months for the entire year 2022, where markets can make a swing (high or low). Click here to subscribe and get it right away.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 17600 to move towards 17630/17670/17720/17780.
On the lower side, the Gann support level is 17530; below that Index can move towards 17500/17460/17410/17350.
Bank Nifty Intraday Gann Levels
Bank Nifty bulls need to break & sustain above 39250 to move towards 39400/39600/39850.
On the lower side, the Gann support level is 38900; below that Bank Nifty Index can move towards 38750/38550/38300.
Note: The above levels are for educational purposes only, not Buy/Sell advice.
