Gann levels for Friday Trading Session Friday: Is Nifty Bank Nifty Ready for an Upside?

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 Today's low is critical

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 Today's low is critical

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.

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.