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Nifty Bank Nifty Fell from the Gann Timing Levels, Analysis for Tuesday

Nifty and Bank Nifty today opened with a gap-up. But both took the resistance from the weekly levels and gave up all the opening gains.

Now Nifty bulls need to hold the 18060-50 support zone to bounce back. On the upside, the 18224-240 is the crucial Gann resistance zone.

The 38900-39250 is an important resistance zone for the Bank Nifty. A strong upside will follow above that zone only. On the downside, 38600 and 38300 are the support.

Nifty support zone to bounce back

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 18140 to move towards 18170/18210/18260/18320.

On the lower side, the Gann support level is 18060; below that Index can move towards 18030/17990/17940/17880.

Bank Nifty support zone to bounce back

Bank Nifty Intraday Levels

Bank Nifty bulls need to break & sustain above 38850 to move towards 38950/39150/39450.

On the lower side, the Gann support level is 38600; below that Bank Nifty Index can move towards 38500/38300/38000.

Note: The above levels are for educational purposes only, not Buy/Sell advice.