The market ended on a flat note. Both Nifty and Bank Nifty are facing resistance from the Gann Angle level.
Above 35050 Bank Index is in a stable position. Now bulls need to hold a 35100-50 price zone to keep the momentum in their favor.
Nifty is struggling near discussed 15880 Gann level. Today’s close below 15840 levels is also negative. Bulls should hold a 15770-750 price zone to regain momentum.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 15880 to move towards 15920/15970/16040 levels.
On the lower side, the Gann support level is 15790; below that Index can move towards 15750/15700/15630.
Bank Nifty Intraday Gann Levels
Bank Nifty bulls need to break & sustain above 35600 to move towards 35800/36100/36500.
On the lower side, the Gann support level is 35250; below that Bank Nifty Index can move towards 35050/34750/34350 levels.
Note: The above levels are for educational purposes only, not Buy/Sell advice.