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

Nifty Bank Nifty Trading Strategy for 06th July

Published On:

Updated On:

Nifty and Bank Nifty today opened gap up and hold the gains as well.

On Friday, both Nifty and Bank Nifty gave the breakout above the Gann Angle line (see the below chart).

It was a positive sign and a great buying opportunity. We discussed that a break above the Angle line would bring the bulls back in the game in Friday’s analysis.

Now Nifty bulls need to hold a 15770-760 price zone to continue this upside trend. On the higher side, resistance is at 15880-890 price zone.

Bank Nifty has to cross and hold above 35400 and 35600 levels for a smooth upside move. On the downside, support is at 35050-35000 price zone.

Nifty Intraday Gann Levels.

Nifty bulls need to break & sustain above 15850 to move towards 15880/15920/15970 levels.

On the lower side, the Gann support level is 15770; below that Index can move towards 15740/15700/15650.

Bank Nifty Intraday Gann Levels

Bank Nifty bulls need to break & sustain above 35350 to move towards 35500/35700/35950.

On the lower side, the Gann support level is 35000; below that Bank Nifty Index can move towards 34850/34650/34400 levels.

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.