Today, both indices opened with a gap-up. Then after consolidation, both indices moved higher and ended the session in green with a 1% gain.
The big move happened today, and the Nifty rallied over 200 points. Now bulls need to hold the 17210-180 zone for further upside. But if bulls fail to do so, then the Nifty may move lower towards 17100/16950 levels.
Bank Nifty also did well today it rallied 500 points, and now it needs to hold the 36300-100 zone for further upside. But if bulls fail to do so, then the Bank Nifty may move lower towards 35900/35700 levels.
Nifty Intraday Gann levels
Nifty bulls need to break & sustain above 17270 to move towards 17310/17360/17420/17490.
On the lower side, the Gann support level is 17180; below that Index can move towards 17140/17090/17030/16960.
Bank Nifty Intraday Gann levels
Bank Nifty bulls need to break & sustain above 36500 to move towards 36650/36850/37100.
On the lower side, the Gann support level is 36200; below that Bank Nifty Index can move towards 36050/35850/35600.
Note: The above levels are for educational purposes only, not Buy/Sell advice.
