Nifty Bank Nifty Analysis & Trading Levels for Tuesday

Nifty and Bank Nifty both opened with a gap-up today and ended in the green.

Nifty bulls need to hold the 17880-900 range for continuing the upmove. On the upside, 17960 and 18050 are the Gann resistance levels.

And Bank Nifty bulls need to hold the 39400 levels to rally further. On the upside, the 39900 and 40250 are the key resistance levels.

the Gann resistance levels

Nifty Intraday Gann Levels

Nifty bulls need to break & sustain above 17950 to move towards 17980/18020/18070/18130.

On the lower side, the Gann support level is 17880; below that Index can move towards 17850/17810/17760/17700.

Bank Nifty Intraday Levels

Bank Nifty bulls need to break & sustain above 39800 to move towards 39950/40150/40400.

On the lower side, the Gann support level is 39500; below that Bank Nifty Index can move towards 39350/39150/38900.

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.