Today Nifty and Bank Nifty opened with a gap of 1% and continued to trade on a positive note. And both ended the session with over 1.5% gains.
For tomorrow’s session, Nifty bulls need to hold the 17120-100 zone to rally further. On the upside, 17250 & 17320 will act as the resistance.
The 36700-950 zone is a crucial hurdle for Bank Nifty bulls. They need to break and sustain well above that zone to rally more. On the downside, 36400-300 is the support zone.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 17200 to move towards 17230/17270/17320/17380.
On the lower side, the Gann support level is 17120; below that Index can move towards 17090/17050/17000/16940.
Bank Nifty Intraday Levels
Bank Nifty bulls need to break & sustain above 36800 to move towards 36950/37150/37400.
On the lower side, the Gann support level is 36500; below that Bank Nifty Index can move towards 36350/36150/35900.
Note: The above levels are for educational purposes only, not Buy/Sell advice.