We are pleased to announce the launch of our New website dedicated to WD Gann's work.

Nifty Bank Nifty Loose Early Gains, End the Day on a Negative Note

Published On:

Updated On:

Today Nifty & Bank Nifty opened with a gap near the resistance levels discussed in the weekly analysis (17640/37600). But within a few minutes, both Indices gave up all the opening gains, fell over 1.50% from the day high, and ended in the red.

For tomorrow’s session. Nifty bulls need to break & hold above the 17430-450 zone to rally further. On the downside, 17350 & 17250 are the supports.

Until Bank Nifty holds the 36900-700 zone, bulls have the upper hand. On the upside, the 37100 & 37400 are the resistance levels.

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 17430 to move towards 17470/17520/17580/17650.

On the lower side, the Gann support level is 17350; below that Index can move towards 17310/17260/17200/17130.

Bank Nifty Intraday Levels

Bank Nifty bulls need to break & sustain above 37100 to move towards 37250/37450/37700.

On the lower side, the Gann support level is 36800; below that Bank Nifty Index can move towards 36650/36450/36200.

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

Ready to look Deeper into WD Gann's Breakthrough work?

Subscribe now and elevate your understanding of WD Gann's techniques through our informative blog posts. Your path to learning begins here!

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.