Today was almost a flat day for Bank Nifty traders, but Nifty did well and ended 120 points higher.
Nifty Today’s low is critical. If it remains safe for the next 1-2 trading sessions, bulls can expect a move towards 17700/800 levels.
Bank Nifty’s view is the same. It needs to cross and sustain above 37600 for a pullback towards 38300 levels. On the downside, 36900 is the support.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 17570 to move towards 17600/17640/17690/17750.
On the lower side, the Gann support level is 17500; below that Index can move towards 17470/17430/17380/17320.
Bank Nifty Intraday Levels
Bank Nifty bulls need to break & sustain above 37600 to move towards 37750/37950/38200.
On the lower side, the Gann support level is 37250; below that Bank Nifty Index can move towards 37100/36900/36650.
Note: The above levels are for educational purposes only, not Buy/Sell advice.