Nifty and Bank Nifty opened with a gap-up today. After consolidation, both surged upwards and ended in the green.
Nifty bulls need to break and hold above the 18310 levels to continue this positive momentum. On the downside, 18200 and 18100 are the key support levels.
And Bank Nifty bulls need to break and hold above the 41350-400 zone to rally further. On the lower side, 40900 is the support.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 18310 to move towards 18340/18380/18430/18490.
On the lower side, the Gann support level is 18240; below that Index can move towards 18210/18170/18120/18060.
Bank Nifty Intraday Levels
Bank Nifty bulls need to break & sustain above 41350 to move towards 41500/41700/41950.
On the lower side, the Gann support level is 41020; below that Bank Nifty Index can move towards 40870/40770/40500.
Note: The above levels are for educational purposes only, not Buy/Sell advice.