Today, Nifty & Bank Nifty opened with the gap up, continued to trade higher, and ended the session in green with over 1% gain.
For further upside, Nifty needs to break and hold above the 16980-17030 zone. On the downside, 16910 & 16860 are the supports.
The Bank Nifty range is 35200-34900. Either side breakout withholding will decide the trend for tomorrow’s session.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 16980 to move towards 17010/17050/17100/17160.
On the lower side, the Gann support level is 16910; below that Index can move towards 16880/16840/16790/16730.
Bank Nifty Intraday Gann Levels
Bank Nifty bulls need to break & sustain above 35200 to move towards 35350/35550/35800.
On the lower side, the Gann support level is 34900; below that Bank Nifty Index can move towards 34750/34550/34300.
Note: The above levels are for educational purposes only, not Buy/Sell advice.