It’s the same old story with Nifty and Bank Nifty. Last week Friday, Nifty reaches near 15900, and from there, again showing weakness. The same old story.
Above 15740-720 bulls have an edge. On the higher side, the 15900-920 is the resistance zone.
The Bank Nifty range is 34700-35200. Either side breakout (by sustaining) will give the trending move.
Nifty Intraday Gann Levels
Nifty bulls need to break & sustain above 15870 to move towards 15900/15940/15990 levels.
On the lower side, the Gann support level is 15780; below that Index can move towards 15750/15710/15660.
Bank Nifty Intraday Gann Levels
Bank Nifty bulls need to break & sustain above 35200 to move towards 35350/35550/35800.
On the lower side, the Gann support level is 34840; below that Bank Nifty Index can move towards 34700/34500/34250. levels.
Note: The above levels are for educational purposes only, not Buy/Sell advice.